1908 Hwy 49, Wiggins, MS 39577-8145
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.