1401 Mississippi Dr Waynesboro, MS 39367
For Sale
This exceptional business opportunity presents a 1,360 square foot building situated on a one-acre lot at 1401 Mississippi Drive in Waynesboro, Mississippi. The property boasts a highly visible location, making it ideal for a wide range of commercial ventures. While the building requires some repairs, this presents a significant advantage for a buyer seeking a property with substantial upside potential. The existing structure offers a solid foundation for a variety of business uses, allowing for customization and adaptation to suit specific needs. The one-acre lot provides ample space for expansion, outdoor operations, or additional parking. The asking price of $85,000 represents a compelling investment opportunity for entrepreneurs and business owners looking to establish or expand their operations in a prime Waynesboro location. The property's high visibility ensures significant exposure to potential customers, contributing to a strong return on investment. This is a chance to acquire a well-positioned property at an attractive price point, offering the potential for significant growth and profitability. Serious inquiries are encouraged to explore this promising business opportunity further. The property is sold as-is.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.