2255 Veterans Memorial Blvd Tupelo, MS 38804
This exceptional 24.5-acre mixed-use property presents a remarkable investment opportunity in Tupelo, Mississippi. Strategically located at the corner of North Veterans Boulevard and the I-22 interchange, this site boasts approximately 1900 feet of road frontage, ensuring high visibility and accessibility. Currently zoned as Mixed Use Commercial Corridor, the property offers significant development potential for a variety of commercial and potentially residential uses. The land is largely open, with existing gravel parking areas. The seller is actively removing existing structures, paving the way for a clean slate and customized development. This prime location benefits from substantial traffic counts due to its proximity to the I-22 interchange, a major transportation artery. The property's size and zoning flexibility make it ideal for a wide range of projects, from retail centers and restaurants to residential complexes or a combination thereof. All information provided is subject to verification. This is a rare opportunity to acquire a large, well-located parcel in a thriving Mississippi market. The property is situated in Lee County, Mississippi, with a 38804 zip code. This presents a unique chance to capitalize on the growth and development potential of this high-traffic area. Don't miss this chance to secure a significant piece of Tupelo's commercial landscape. The asking price is $8,000,000.
-
Darrell's Truck & Trailer Services (Bike/Boat/Book/etc) Store Auto Parts Store
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
Similar Nearby for Lease
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.