1 Parker Dr Booneville, MS 38829
This exceptional 1-acre commercial lot in Booneville, Mississippi, presents a unique investment opportunity. Located at Lot 1 Parker, this property boasts a highly visible position adjacent to a Burger King, benefiting from the substantial traffic generated by a nearby Walmart, a strip center, and several major restaurants. The property's strategic location directly across the street from a Murphy Oil station further enhances its visibility and accessibility. The lot size is 43,560 square feet, offering ample space for a variety of commercial developments, from retail establishments to restaurants. This property is part of a larger 13-acre parcel, allowing for the purchase of individual lots to suit specific needs or the acquisition of the entire tract for larger-scale development. The area is experiencing significant commercial growth, making this a compelling investment opportunity. The asking price is $399,000. Property taxes will be determined based on the final survey or title company assessment. Square footage is to be determined by a professional appraiser. Don't miss this chance to secure a prime commercial property in a thriving Mississippi market.
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
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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.