Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    101 Front Ave Indianola, MS 38751

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Front Ave Indianola, MS 38751

    View on Map
    • Retail properties & Spaces
    • 1,400 SF
    • 0.10 lot acres
    For Sale
    $59,500
    View Listing →
    Prime Indianola Retail Space For Sale
    $59,500
    1,400 SF

    Prime Indianola Retail Space

    1,400 sq ft Retail Building, $59,500

    101 Front Ave, Indianola, MS 38751
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Indianola Inspection Department / City Government Office
    • Indianola Mayor's Office / City Government Office
    • City of Indianola Clerk / City Government Office
    • Indianola Water Department / Water Utility Company
    • Indianola City Hall / City Hall / Auditorium

    Property Details for 101 Front Ave

    Year built
    1950
    Lot size
    0.10 lot acres
    Property size
    1,400 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located at 101 Front Avenue in the vibrant city of Indianola, Mississippi. The property boasts a generous 1,400 square feet of space, ideal for a variety of retail businesses. Situated on a conveniently sized 0.1-acre lot, this property offers excellent visibility and accessibility for customers. The address, 101 Front Avenue, places the building in a high-traffic area, ensuring maximum exposure for your business. The asking price is $59,500, representing a compelling investment opportunity in a thriving Mississippi market. The property's location in Indianola provides access to a strong local customer base and offers significant potential for growth. This is a turnkey solution for entrepreneurs seeking a well-positioned retail space. The building's size and layout are adaptable to a range of retail concepts, making it a versatile option for prospective buyers. The 1,400 square feet provide ample room for display, inventory, and customer interaction. The 0.1-acre lot offers potential for outdoor display or expansion, depending on zoning regulations. This property presents a rare chance to acquire a well-located retail space at an attractive price point in a growing community. Don't miss this opportunity to establish your business in a prime location. Serious inquiries are encouraged. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Sunflower
    State
    Mississippi
    Longitude
    -90.6508
    Latitude
    33.4529

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      101 Front Street Ext

      Land • 1,400 SF
      101 Front Street Ext, Indianola, MS 38751
      View Details
    • Value Estimation by Request
      2.00 Acres

      110 Weathersby Rd

      Land • 2,500 SF
      110 Weathersby Rd, Indianola, MS 38751
      View Details
    • Value Estimation
      $1,010,000
      12,800 SF

      Indianola, MS 38751

      DEPARTMENT STORE • 12,800 SF
      Indianola, MS 38751
      View Details
    • Value Estimation by Request
      3,756 SF

      612 Us Hwy 82

      Restaurants • 3,756 SF
      612 Us Hwy 82, Indianola, MS 38751
      View Details
    • Value Estimation by Request
      23,487 SF

      1013 Us-82

      Individual retail properties • 23,487 SF
      1013 Us-82, Indianola, MS 38751
      View Details
    • Value Estimation by Request
      31,557 SF

      510 Us-82

      Retail properties & Spaces • 31,557 SF
      510 Us-82, Indianola, MS 38751
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      230,868 SF

      Highway Frontage Commercial Property

      5.3 acre commercial property with highway frontage in Indianola, MS.
      1 Highway 82 E, Indianola, MS 38751
      View Details
    • $59,500
      1,400 SF

      Prime Indianola Retail Space

      1,400 sq ft Retail Building, $59,500
      101 Front Ave, Indianola, MS 38751
      View Details
    • $1,095,000
      8,000 SF

      Established Laundromat in Indianola, MS

      Turnkey laundromat with additional retail space in Indianola, MS.
      315 Second St, Indianola, MS 38751
      View Details
    • $135,000
      1,445 SF

      Retail Property in Indianola, MS

      Retail property for sale in Indianola, Mississippi.
      111 E Gresham St, Indianola, MS 38751
      View Details
    • $315,000
      7,120 SF

      Indianola Commercial Property For Sale

      Commercial property suitable for retail, restaurant, or development in Indianola.
      112 Court Ave, Indianola, MS 38751
      View Details
    • $165,000

      Highway Front Retail Space Available

      Retail space on Highway 82 with income-producing billboard.
      421 Highway 82 W, Indianola, MS 38751
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,699 SF

      Freestanding Retail Building on Highway

      3,699 SF retail/office space with excellent visibility and parking.
      616 S 82, Indianola, MS 38751
      View Details
    • Contact for pricing
      3,699 SF

      Freestanding Retail/Office Building on Highway

      3,699 SF retail/office building with highway frontage in Indianola, MS.
      616 Highway 82 W, Indianola, MS 38751
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Front Ave
    Indianola, MS 38751
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!