1218 Main St Tupelo, MS 38804-2952
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.
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E'Lan Hair Studio Hair Salon Nail Salon
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Dollar Tree Discount Store
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Jimmy Langley Realty Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.