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Property profile & analytics
OFF-MARKET
Warehouses

230 Franklin St Corinth, MS 38834-5641

8,820 SF 0.11 ac lot
Individually Owned 20-yr Hold Free & Clear
Property ID
US50-1479621
Property summary
AI-generated overview

This exceptional 50,100 square foot commercial property, located at 230 Franklin Street in Corinth, Mississippi's thriving SoCo District, presents a unique investment opportunity. The building boasts a captivating blend of historic charm and modern functionality, having undergone recent renovations and restoration. Its industrial aesthetic creates a unique and inviting atmosphere, perfectly suited for a diverse range of commercial uses. Currently operating as a high-end antiques and collectibles market, the property demonstrates proven success and significant potential for future growth. The building's prime downtown location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The substantial lot size provides ample space for expansion, outdoor displays, or additional development. This property represents a rare chance to acquire a well-maintained, historically significant building in a vibrant and growing community. Its adaptable space and established success make it an attractive investment for discerning buyers seeking a strong return on investment in a desirable location. The property is offered at $450,000 and is ready for immediate occupancy. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 8,820 SF
Lot 0.11 ac (5,000 SF)
APN 0801013 D 03200
UPID US50-1479621
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
Current use
Occupant on record · Public records
  • Cross City Collectibles Home Decor Store (Bike/Boat/Book/etc) Store
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
William J Napier III · 20 yrs held
William J Napier III
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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