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Property profile & analytics

12 State St Clarksdale, MS 38614-6428

  • Commercial real estate
  • 4,303 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US50-1380544
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • D & T Super Market / Specialty Food Shop / Supermarket

Property Details for 12 State St

Year built
1939
Property size
4,303 SF
Property type
Commercial real estate
APN
403 240090033 0000300
APU
4032400900330000300

Description

This exceptional opportunity presents a well-established grocery store located at 12 N State Street in Clarksdale, Mississippi. Boasting 4,269 square feet of space situated on a 0.4-acre lot, this property offers significant potential for continued success. The business has a long-standing history of serving the local community, building a loyal customer base over many years. A key advantage is its prime location with direct highway frontage, ensuring high visibility and accessibility for customers. All existing equipment is included in the sale, representing a significant value-add for the buyer. This turnkey operation allows for immediate commencement of business, minimizing start-up costs and maximizing return on investment. The asking price for this established and profitable business is $120,000. This presents a rare chance to acquire a profitable, community-serving business with significant existing infrastructure and a proven track record. The property's size and location make it ideal for continued operation as a grocery store, or potentially for redevelopment into a similar retail use. Serious inquiries are encouraged to explore this unique investment opportunity further. Financial statements and further details are available upon request.


Value Estimations

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Location Insight

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  • Local Demand
City
Clarksdale
County
Coahoma
State
Mississippi
Longitude
-90.5694
Latitude
34.1926
CBSA code
17260
CBSA name
CLARKSDALE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,618
$3,000
$8,657
$11,657
-
$20,000
$57,710
$77,710
More about this property
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