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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1 Parker Dr Booneville, MS 38829

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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