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Property profile

402 Us 49 Seminary, MS 39479

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property in Seminary, Mississippi, presents a unique investment opportunity. Located on nearly 2.9 acres of cleared, scraped, backfilled, and gravel-covered land, the property boasts two substantial buildings totaling approximately 9,000 square feet. The first building, a 4,500 square foot open-span structure, features a 90-foot-long glass storefront along Highway 49, ideal for showcasing large equipment or vehicles. This building also includes an 18' x 20' automatic roll-up door. The second 4,500 square foot building is perfect for a repair shop or garage, with four large roll-up doors providing ample access. A 4,100 square foot covered canopy is attached to this building. A smaller, 400 square foot building within the second structure offers a unique showroom space with specialty lighting, easily adaptable into office space. Adding to the property's versatility is a 1,304 square foot, three-bedroom, two-bathroom residence with custom finishes. The entire property is enclosed by an 8-foot fence. The asking price for this expansive and well-equipped commercial property is $1,490,000. The property's location on US Highway 49 in Covington County, Mississippi, zip code 39479, offers excellent visibility and accessibility. This property is ready for immediate occupancy and presents a rare opportunity for a variety of businesses.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

402 Us 49 Seminary, MS 39479
Seminary metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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