100 Co Rd Corinth, MS 38834
This exceptional commercial property presents a rare opportunity to acquire three well-maintained buildings situated on a 1.5-acre lot just outside Corinth city limits, conveniently located one mile from Highway 72. The property boasts a rich history, having served as a successful family-owned tire business for over five decades. Its prime location and versatile layout make it ideal for a variety of commercial uses, including automotive services, expansion of existing businesses, or the establishment of entirely new ventures. The main shop, a substantial 50' x 100' structure, features four front bay doors, one side bay door, and one rear bay door, ensuring easy access and efficient workflow. This building is equipped with two four-post lifts, an alignment machine with lift, a tire machine and balancer, a pipe bender, and an air compressor. Heating is provided by two efficient 100,000 BTU natural gas heaters. The main shop also includes an office, waiting room, storage room, and restroom, offering ample space for administrative functions and employee comfort. A second building, constructed of block, measures 52' x 51' and includes three bays and an alignment pit. This presents additional space for various commercial applications. The property's strategic location, combined with its substantial building size and existing infrastructure, makes it a highly attractive investment opportunity with significant potential for growth and profitability. The asking price is $559,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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