0 Hwy 30 New Albany, MS 38652
This exceptional 19,750-square-foot commercial building in New Albany, Mississippi, presents a unique investment opportunity. Situated on a 5.38-acre lot with 522 feet of highway frontage on Hwy 30 W, this two-story Class B building boasts ample space for diverse uses. Originally a John Deere dealership, the property features extensive office space, showrooms, retail areas, and a substantial 60' x 100' shop/warehouse with 20-foot ceilings. Six overhead doors provide convenient access, with one directly connecting to the showroom. The property includes 100 parking spaces and is zoned Commercial - SCOR. Its strategic location offers easy access to Interstate 22 and proximity to major cities like Olive Branch, Corinth, Oxford, Tupelo, and Memphis. The high daily traffic volume on Hwy 30 W (estimated at 6,500 vehicles) provides excellent visibility. Potential uses include farm equipment sales, a farm supply store, an event venue, general warehousing, or an ATV sales and maintenance shop. The seller is open to subdividing the lot, offering the building and 3.41 acres for $1.2 million. Built in 1982, this vacant property offers significant potential for a wide range of businesses. All information is subject to verification.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.