2056 State St Corinth, MS 38834
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.
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.