Property profile

1629 Simpson Hwy 149 Mendenhall, MS 39114

OFF-MARKET
Office buildings
Property ID
US50-1731383
1,253 SF 0.16 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 1629 Simpson Highway 149 in Mendenhall, Mississippi, presents a unique opportunity for a wide range of businesses. Boasting a total of 1,733 square feet situated on a 0.16-acre lot, this versatile building offers ample space for various uses. The main structure features one enclosed office, a convenient break area complete with a sink and cabinets, and a large open area perfect for customization. A connecting walkway leads to a second building, providing additional space with a small storage room and a bathroom. The property's history is rich and varied, having previously served as a law office, florist, and gas station, demonstrating its adaptability to diverse business needs. This adaptable layout allows for creative design and efficient workflow, making it ideal for entrepreneurs seeking an affordable and functional space to establish or expand their operations. The property's location in Mendenhall offers excellent visibility and accessibility, providing a strong foundation for business growth. This is a rare opportunity to acquire a well-located, versatile commercial property at an attractive price point. Don't miss out on this chance to shape the future of your business.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction WOOD
Total area 1,253 SF
Lot 0.16 ac (6,890 SF)
APN 3042A000330000100400
UPID US50-1731383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1629 Simpson Hwy 149 Mendenhall, MS 39114-3579
Mendenhall metro Census 950200 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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