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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

500 New Richton Rd Petal, MS 39465

17,424 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 17,424 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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