1918 2nd St Booneville, MS 38829-9715
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.
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.