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    OFF-MARKET
    Office buildings

    1908 Hwy 49, Wiggins, MS 39577-8145

    2,430 SF 2 ac lot Built 2001
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US50-1058692
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Owner & transaction history
    Stone County Carpet & Tile, LLC · 18 yrs held
    Stone County Carpet & Tile, LLC
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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