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Property profile & analytics

1218 Main St Tupelo, MS 38804-2952

  • Retail space
  • 22,406 SF
  • 1.86 lot acres
OFF-MARKET
Last Sale
Apr 22, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US50-0684029
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

  • E'Lan Hair Studio / Beauty Salon
  • Dollar Tree / Craft Store / Discount Store
  • Jimmy Langley Realty / Real Estate Agency / Real Estate Appraiser

Property Details for 1218 Main St

Year built
2001
Construction
WOOD
Lot size
1.86 lot acres
Property size
22,406 SF
Property type
Retail space
APN
088N-33-145-01
APU
088N3314501

Description

This exceptional 17,000-19,000 square foot commercial land parcel presents a unique investment opportunity in Tupelo, Mississippi. Situated at 1218 E Main St, this single-tenant pad site boasts a coveted location in the Elvis Presley Area, specifically within the East Tupelo submarket cluster. Its zoning is General Commercial, making it suitable for a variety of retail uses. The property's strategic placement adjacent to a thriving Dollar Tree store ensures high visibility and significant foot and vehicle traffic. Further enhancing its appeal is the recent development of a new subdivision directly across the street, featuring homes priced between $450,000 and $600,000, creating a strong residential base for potential customers. This dynamic area is experiencing rapid growth, presenting a compelling opportunity for businesses seeking to capitalize on increased consumer demand and convenient accessibility. The property's size and location make it particularly well-suited for businesses such as drive-thru coffee shops or ATMs, but other retail ventures are also encouraged to consider this exceptional opportunity. Don't miss this chance to establish your business in a thriving Tupelo neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Tupelo
County
Lee
State
Mississippi
Longitude
-88.6786
Latitude
34.2569
CBSA code
46180
CBSA name
TUPELO, 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
$9,016
$0.00
$0.00
$67,365
-
$350,000
$99,100
$449,100
More about this property
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