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Property profile & analytics
FOR SALE
Retail space

247 Cayuga St Utica, MS 39175

40,386 SF 2.94 ac lot Built 1975
Individually Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US50-0178455
Property summary
AI-generated overview

This expansive commercial property, situated at 247 Cayuga Street in Utica, Mississippi, presents a significant investment opportunity. The property encompasses a substantial 23,000 square feet of warehouse space, strategically distributed across five separate buildings. This versatile layout offers considerable flexibility for a wide range of commercial uses, from large-scale storage and distribution to office spaces or retail ventures. The property sits on a generous 3.11-acre lot, providing ample room for expansion or future development. Convenient loading docks and roll-up doors at the rear of the buildings ensure efficient loading and unloading operations. The property also boasts a significant parking capacity, with 110 spaces available for employees, customers, or visitors. The substantial size and versatile configuration of this property make it an ideal choice for businesses seeking a large footprint in a well-located area. Its potential for diverse uses and ample parking make it a highly attractive proposition for a variety of commercial enterprises. The property's location in Utica offers access to key transportation routes and infrastructure, further enhancing its appeal to prospective buyers. This is a rare opportunity to acquire a large-scale commercial property with significant potential for growth and profitability.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 40,386 SF
Lot 2.94 ac (128,066 SF)
APN 4968 0767 004
UPID US50-0178455
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
$3.31M
Blend (final) Blend
$2.93M
Owner & transaction history
Bob L Currie · 10 yrs held
Bob L Currie
since 2016
2 recorded transactions
2016
Price N/A
2002
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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