2222 Main St Tupelo, MS 38801-3144
This 3,111 square foot retail building, situated on a 0.79-acre lot in Tupelo, Mississippi, presents a unique investment opportunity. Built in 2000 and renovated in 2023, the single-story structure boasts a brick and masonry exterior with an enamel metal hip roof. The building features a spacious layout including a large showroom/eating area, a fully equipped kitchen with a vent-a-hood and pizza oven, and two ADA-compliant restrooms. Additional amenities include a cooler room, water fountain, and ample natural light from three sides of windows. The interior finishes include sheetrock walls, 9-foot suspended ceilings, and a combination of carpet and quarried tile flooring. The property includes 42 parking spaces, a front and side sidewalk, a side canopy, and a drive-through window. The building is well-maintained and landscaped, featuring a lighted street-side pole sign. Located on a five-lane arterial street with approximately 22,000 vehicles passing daily, this property benefits from high visibility and accessibility. Its proximity to a Walmart Supercenter further enhances its desirability. The property is zoned for mixed-use commercial, allowing for flexibility in future uses, such as office or retail space. The annual property taxes were $12,773.42, with a cost per square foot of $4.11. City 3-phase power is available. The building is currently vacant and ready for immediate occupancy. Owner will consider offers.
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.