0 Cross Creek Dr Saltillo, MS 38866
This exceptional 1.45-acre outparcel, located at Cross Creek Dr in Tupelo, MS (zip code 38866), presents a prime opportunity for commercial development. Situated in Lee County, within Northern Mississippi's top retail district, this property boasts a strategic location drawing from a 50-mile radius with 17.6 million annual visitors. The site is zoned RC - Regional Commercial and offers 63,162 square feet of potential development space. The property's location benefits from a strong local economy anchored by major employers including North MS Health Services, Ashley Furniture, and Toyota Motor, along with the significant presence of North Mississippi Medical Center and the Tupelo Public School District. The property is divisible, with options for purchasing the entire 1.45 acres for $1.9 million or individual 0.72-acre pad sites for $950,000 each. The APN is 083V-08-002-06. This presents a rare chance to capitalize on a thriving market and build a successful commercial venture. The property's high visibility and access to a large consumer base make it an attractive investment for developers seeking a strong return.
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
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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.