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Property profile

2138 Us 49 Seminary, MS 39479

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property, located at 2138 US Highway 49 in Seminary, Mississippi, presents a unique investment opportunity for discerning entrepreneurs. The property boasts a substantial 3,480 square foot building ideally situated on a busy stretch of Highway 49, ensuring high visibility and accessibility. The building itself includes valuable features perfectly suited for food service or similar businesses, such as a spacious 10x12 walk-in cooler and a 10x20 walk-in freezer. A 22x30 screened-in cooling porch adds further functionality and potential for outdoor operations. The property sits on 16th section land, offering stability and long-term potential. A significant advantage is the presence of a long-term commercial lease already in place, minimizing initial risk and providing immediate income generation. This turnkey operation is ready for a new owner to step in and capitalize on its established presence and prime location. The asking price is $199,000. This represents a compelling opportunity to acquire a well-established commercial property with significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional offering further. The property's location on Highway 49 ensures high traffic volume and excellent visibility, making it an ideal location for a variety of commercial ventures.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2138 Us 49 Seminary, MS 39479
Seminary metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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