For Lease
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Property summary
This exceptional investment opportunity presents a vacant, mixed-use property ideally situated at 1315 Clay St, Vicksburg, MS 39183. Comprising two buildings totaling 29,000 square feet on a 0.75-acre lot, this property offers significant potential. Built in 1970, the single-story structures currently feature a storefront retail space and an auto body shop, complete with warehouse storage, a break room, and an office. The property boasts ample parking with space for 10+ vehicles. Zoned for commercial use, this property is perfect for a variety of businesses. The asking price is $750,000, translating to $25.86 per square foot. With 29,000 square feet of air rights, there is potential for expansion or redevelopment. The property is currently vacant, providing immediate occupancy for the new owner. This turnkey retail space is located in a high-traffic area of Vicksburg, making it an attractive investment for those seeking a strong return. The property's existing infrastructure, including the auto body shop and ample parking, presents a unique opportunity for a variety of uses. This is a must-see property for savvy investors seeking a prime location in a thriving Mississippi market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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