Property profile

3046 Indiana Ave Vicksburg, MS 39180

FOR SALE
Strip malls
Property ID
US50-0473793
76,340 SF 0.78 ac lot Built 1987
Entity Owned 5-yr Hold Free & Clear
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For Sale
Contact for pricing 76,340 SF
3046 Indiana Ave, Vicksburg, MS 39180
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Property summary

AI-generated overview

This exceptional retail opportunity is located in a thriving grocery-anchored center at 3046 Indiana Avenue, Vicksburg, Mississippi. The property boasts a total of 74,591 square feet, with multiple tenants including H&R Block, Planet Fitness, and several other established businesses. Four retail spaces are currently available, ranging from a minimum of 900 square feet to a maximum of 1,860 contiguous square feet. Larger spaces may be possible through reconfiguration. The center enjoys high visibility from Interstate 20, with over 45,000 vehicles passing daily, and benefits from its convenient location just off Indiana Avenue, which sees approximately 9,000 vehicles per day. This Class B property offers significant foot traffic and is ideally situated within a bustling commercial area. The building consists of one structure and is situated in Warren County. The available spaces present a fantastic chance to establish or expand a retail business in a high-traffic location with strong existing tenants. The property is well-maintained and offers a variety of possibilities for prospective tenants. Currently, 5,608 square feet of space is vacant.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 76,340 SF
Lot 0.78 ac (33,977 SF)
APN 108-4 -27 -2890- -0109.00
UPID US50-0473793

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Clothing & Fashion Store
  • Medical Clinic
  • Charitable Organization

Location

3046 Indiana Ave Vicksburg, MS 39180
Vicksburg metro Census 950500 VICKSBURG, MS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$980k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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