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Property profile & analytics
FOR SALE
Office Spaces

1829 Highway 45 North Columbus, MS 39701

176 SF 5.22 ac lot Built 2013
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US50-0612547
Property summary
AI-generated overview

This exceptional 76,269 square foot retail shopping center, located at 1829 Highway 45 North in Columbus, Mississippi, presents a prime opportunity for businesses seeking high visibility and accessibility. Built in 1988 and zoned C3 Highway Commercial, this property sits on a generous 7.89-acre lot in Lowndes County (zip code 39701). The center offers multiple suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 6,000 square feet. Currently, there are 3 total suites within the building, and 8,400 square feet are currently vacant, providing immediate occupancy options for prospective tenants. The property's strategic location on Highway 45 North ensures high traffic volume and excellent exposure to a large customer base. This makes it ideal for a variety of retail businesses seeking a prominent presence in a thriving commercial area. The property's size and layout offer flexibility for businesses of varying sizes, making it a versatile investment opportunity. Serious inquiries are encouraged to explore the potential of this well-located retail center.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2013
Total area 176 SF
Lot 5.22 ac (227,427 SF)
APN 57W130400401
UPID US50-0612547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kroger Fuel Center Gas Station
  • Kroger Deli Food Market Restaurant
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Kroger Pharmacy Pharmacy
  • Kroger Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ms Columbus 45 LLC · 5 yrs held
Ms Columbus 45 LLC
since 2021
2 recorded transactions
2021
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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