Property profile

1908 Hwy 49 Wiggins, MS 39577

OFF-MARKET
Office buildings
Property ID
US50-1058692
2,430 SF 2 ac lot Built 2001
Entity Owned 18-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2-acre commercial property, located at 1908 Hwy 49 in Wiggins, Mississippi, presents a unique investment opportunity. Priced at $250,000, the property boasts excellent visibility on a major highway, just north of Perkinston. Previously utilized as a carpet and tile retail space, the existing building offers versatile options for a new owner. Features include a showroom, office area, and warehouse space, all totaling approximately 2 acres. The building also includes two half-bathrooms, a rear roll-up door for convenient loading and unloading, two front entrances, and a prominent display window. Ample parking is available with a front uncovered lot and a circular driveway providing two convenient access points. The property is zoned C-3 general commercial, allowing for a wide array of uses, including retail, office space, auto or manufactured home sales, nursery/florist, service station, or warehouse storage. A significant advantage is the presence of a billboard generating monthly rental income, adding to the property's overall return on investment. The property is being sold "as is." This is a rare opportunity to acquire a well-located, income-producing commercial property with significant potential in a growing area. The zip code is 39577, and the property is situated in Stone County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Total area 2,430 SF
Lot 2 ac (87,120 SF)
APN 083 -06-048.002
UPID US50-1058692

Cap rate & NOI

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

Location

1908 Hwy 49 Wiggins, MS 39577-8145
Wiggins metro Census 20204 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1908 Hwy 49?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message