0 Hospital Rd & Reed Rd Starkville, MS 39759
This exceptional 16.5-acre commercial property, located at the prominent intersection of Hospital Road and Reed Road in Starkville, Mississippi, presents a unique investment opportunity. The property boasts excellent frontage along Hospital Road and Hiwassee Drive, offering high visibility and accessibility. Currently zoned SD-2, this versatile parcel allows for a variety of uses, including residential development (two dwelling units per acre) and numerous other commercial applications. The site's strategic location places it in close proximity to a hospital, other medical facilities, and established residential areas, making it ideal for medical offices, related businesses, or mixed-use development. The area features well-maintained roadways, bike paths, and sidewalks, ensuring convenient commuting throughout Starkville. The property includes two existing units, providing immediate income potential or the opportunity for renovation and expansion. The parcel's size and zoning flexibility offer significant long-term growth potential. With its prime location, versatile zoning, and attractive price point of $199,000, this property represents a compelling investment opportunity in a thriving Mississippi community. The property's APN is 118J-00-016.00 and 118K-00-009.00, and the zip code is 39759. This is a rare opportunity to acquire a substantial land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.