500 New Richton Rd Petal, MS 39465
This exceptional commercial property, located at 500 New Richton Rd in Forrest County, presents a unique opportunity for retail development or investment. The site encompasses a substantial 17,424 square feet of vacant retail space situated on a 0.4-acre lot. The property's single-tenant configuration offers flexibility for a variety of retail uses, allowing for customized design and build-out to suit specific business needs. The substantial square footage provides ample room for a large-scale retail operation or the potential for subdivision into smaller units. Given its size and location, this property is ideally suited for businesses seeking high visibility and accessibility. The vacant status allows for immediate occupancy and the opportunity to create a modern, efficient retail space tailored to current market demands. The property's location in Forrest County offers access to a thriving local market and presents significant potential for growth and return on investment. This is a rare opportunity to acquire a significant retail property in a desirable location, ready for immediate development or lease. Serious inquiries are encouraged to explore the possibilities this property offers. The property is classified as Retail and Land, with a single tenancy. All square footage is vacant and ready for immediate use.
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.