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Property profile & analytics
OFF-MARKET
Office Spaces

2224 Columbia Ave Prentiss, MS 39474

1,510 SF 0.04 ac lot Built 1920
Individually Owned Absentee Owner Free & Clear
Property ID
US50-1322189
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity for redevelopment in the heart of Prentiss, Mississippi. Located at 2224 Columbia, this 0-acre lot offers a blank canvas for ambitious entrepreneurs and savvy investors seeking a high-return project. Priced at an incredibly attractive $20,000, this property represents a significant value proposition in the current market. The existing structure requires a complete rebuild, allowing for complete customization to suit a wide range of business needs. Its central downtown location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The property's potential is virtually limitless, offering the chance to create a modern, efficient, and profitable business space in a vibrant community. This is a unique chance to acquire a substantial commercial property at a fraction of its potential value. The low purchase price makes this an exceptionally attractive investment opportunity for those with a vision for revitalizing a key downtown location. Don't miss this chance to shape the future of Prentiss's commercial landscape. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1920
Total area 1,510 SF
Lot 0.04 ac (1,725 SF)
APN 3 048G 01 105 00
UPID US50-1322189
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
JIMMY L RUSH
JIMMY L RUSH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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