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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

641 Highway 1 Greenville, MS 38701

3,234 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,234-square-foot retail space is ideally situated at 641 Highway 1 South in Greenville, Washington County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of businesses. The space offers ample room for a wide range of retail concepts, providing flexibility for customized layouts and operations. The property's location on Highway 1 South ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The modified gross lease structure offers predictable and manageable operating costs. This location boasts a strong commercial presence, with established businesses such as Best Value Rentals, Nails Pro, and A to Z Beauty already thriving in the immediate vicinity. This synergistic environment creates a vibrant and attractive retail hub, offering potential for increased customer traffic and brand recognition. The property is categorized as commercial retail and is available for lease at a competitive rate of $8 per square foot. The total building square footage is 3,234 square feet, all of which is currently vacant and available for lease. This presents a unique opportunity to establish a prominent retail presence in a thriving Greenville commercial district. Serious inquiries are encouraged to explore this exceptional retail space and its potential for immediate success.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,234 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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