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Property profile & analytics
OFF-MARKET
Land

2056 State St Corinth, MS 38834

4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-acre commercial and industrial land parcel presents a unique investment opportunity in Corinth, Mississippi. Strategically located just off the intersection of US-45 and South Harper Street, this property boasts a daily combined traffic count of 29,000 vehicles, ensuring high visibility and accessibility. The land is zoned Suburban Corridor, one of the most flexible zoning designations available, permitting a wide array of uses. Permitted uses include, but are not limited to, recreational facilities (indoor and outdoor), banking institutions, retail establishments, lodging accommodations, office spaces, restaurants, service stations and automotive-related businesses, medical facilities, and a significant number of medical cannabis-related uses. The asking price is $261,360, translating to a land value of $1.50 per square foot. The property's Alcorn County location (APN: 080515 02201) and its high-traffic intersection location make it an ideal site for a variety of commercial ventures. This prime location offers unparalleled interstate visibility and access to a substantial daily traffic flow, making it an attractive investment for both established businesses and new ventures seeking a prominent presence in a thriving Mississippi market. The expansive lot size provides ample space for development, catering to a wide range of project scales and requirements.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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