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Property profile & analytics
OFF-MARKET
Retail space

1918 2nd St Booneville, MS 38829-9715

880 SF 4.94 ac lot Built 1980
Entity Owned 4-yr Hold Free & Clear
Property ID
US50-1431590
Property summary
AI-generated overview

This exceptional commercial property in Booneville, Mississippi, presents a significant investment opportunity. The offering encompasses a substantial 4.94-acre lot, providing ample space for a variety of commercial ventures. The property features two existing buildings: a larger structure exceeding 9,000 square feet and a second building of approximately 2,000 square feet. The versatile nature of these buildings makes them suitable for a wide range of uses, including but not limited to: manufacturing/factory space, daycare center, animal clinic, private school, or restaurant. The expansive acreage offers significant potential for expansion or additional development, catering to the needs of a growing business. The property's strategic location within Booneville ensures excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. While the provided information is believed to be accurate, potential buyers are encouraged to conduct their own due diligence to verify all details. This is a rare opportunity to acquire a substantial commercial property with significant development potential in a thriving Mississippi community. The asking price is $350,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 880 SF
Lot 4.94 ac (215,186 SF)
APN 05082234 03700
UPID US50-1431590
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Echelon Real Estate LLC · 4 yrs held
Echelon Real Estate LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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