0 Highway 16 Philadelphia, MS 39350
This exceptional 0 Hwy 16 property presents a unique opportunity for developers seeking a prime commercial lot in Philadelphia, Mississippi. Listed at $365,000, this special purpose property is ideally situated in Neshoba County, offering excellent potential for various commercial ventures. The property's location at 32.7738446 latitude and -89.2095859 longitude provides convenient access to key transportation routes and local amenities. The address is 0 Hwy 16, Philadelphia, MS 39350. Currently undeveloped, this lot is ready for immediate development, making it an attractive investment for those seeking to build a new commercial structure. The property's classification as "Special Purpose" suggests flexibility in potential uses, subject to local zoning regulations. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the land for their specific project. This is a rare opportunity to acquire a strategically located commercial lot in a growing Mississippi market. The asking price represents a compelling entry point for investors looking to capitalize on the potential of this prime development land. Serious inquiries are welcome.
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.