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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

303 Main St New Augusta, MS 39462

4,664 SF 0.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 303 S Main Street in New Augusta, Mississippi, presents a unique investment opportunity. The building, a former grocery store, boasts a substantial 4,664 square feet of space on a 0.24-acre lot. The single-story structure offers ample room for a variety of retail uses, benefiting from its prominent downtown location. The asking price is $150,000, translating to a price per square foot of $32.02. This represents a compelling value for a property of this size and location in Perry County. The property's history as a well-established grocery store suggests strong potential for future success. Its single-tenancy configuration provides flexibility and control for the new owner. The address, 303 S Main Street, ensures high visibility and accessibility for customers. The zip code is 39462. This property is ideal for an entrepreneur seeking a well-positioned retail space in a growing community or an investor looking for a strong return on investment. The property's size and location make it a highly attractive proposition in the New Augusta market. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,664 SF
Lot 0.24 ac (10,454 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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