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Property profile & analytics
OFF-MARKET
Land

49 Richland St Richland, MS 39218

1.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.288-acre commercial land parcel presents a remarkable investment opportunity in Richland, Mississippi. Strategically located on the east side of Highway 49, behind the Roadway Inn Hotel, this property boasts unparalleled visibility to the high traffic volume of approximately 60,000 vehicles daily. The main buildable area measures approximately 158 feet by 285 feet, providing ample space for a variety of commercial developments. A smaller section of land along the frontage road offers excellent potential for business signage, maximizing exposure to the constant flow of traffic on Highway 49. The property's central location within the tri-county area makes it highly accessible and attractive to a wide range of businesses. Furthermore, there's a possibility of securing a billboard permit following the completion of the ongoing Highway 49 road construction project, further enhancing the advertising potential of this exceptional site. The asking price for this prime commercial land is $345,000. This property is situated in Rankin County, Mississippi, with the address listed as Highway 49, Richland, MS 39218.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,105 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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