2040 Paul Edmondson Dr Iuka, MS 38852
This exceptional commercial property at 2040 Paul Edmondson Dr., Iuka, MS, presents a fantastic investment opportunity. The building boasts a total of 2,400 square feet of climate-controlled office space, thoughtfully divided across two floors. Each floor offers independent utility metering, providing flexibility for single-occupancy or multi-tenant use. The upper level features a convenient kitchenette, a welcoming lobby area, four private offices, and a restroom. The ground floor provides even more versatility with a full kitchen, a restroom, and expansive open areas ideal for various business needs, along with a single private office. Adding to the property's appeal is a substantial 325-square-foot enclosed outdoor space, perfect for additional storage or a break area. The property sits on a 0.7-acre lot, offering ample space and potential for future expansion. High-speed fiber internet is already installed, ensuring seamless connectivity for any business. The dual-metering system allows for efficient cost management and the potential for separate leasing of each floor. This property is priced at $290,000 and offers a unique blend of functionality, convenience, and potential. Its location in Iuka, MS, provides easy access to local amenities and transportation routes. This is an excellent opportunity for a business seeking a well-equipped and versatile space.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.