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Property profile & analytics
FOR LEASE
Commercial real estate

412 S High School Ave Columbia, MS 39429

7,076 SF 0.5 ac lot Built 1998
Individually Owned Free & Clear
Property ID
US50-1824863
Property summary
AI-generated overview

This exceptional commercial property at 412 S High School Ave., Columbia, MS, presents a unique investment opportunity. The property consists of three individual storefronts, offering a blend of immediate income and future development potential. Two storefronts are currently leased to established tenants, generating consistent rental income. This provides a stable financial foundation for the new owner. The third storefront is vacant, providing a blank canvas for a new business venture. Its high-visibility location ensures significant foot traffic, ideal for retail, office space, or a boutique establishment. The property's versatility allows for a variety of uses, catering to diverse business needs. This is an excellent chance to acquire a well-situated commercial property in a thriving area, offering both immediate return and long-term growth prospects. The property is offered for sale at $349,000. The existing tenants provide a reliable income stream, minimizing risk and maximizing return on investment. The vacant unit presents an opportunity to customize the space to perfectly suit your business requirements, capitalizing on the existing high-traffic location. Don't miss this chance to own a piece of Columbia's vibrant commercial landscape. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Construction WOOD
Total area 7,076 SF
Lot 0.5 ac (21,855 SF)
APN 165-05-020-01-045
UPID US50-1824863
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
  • Hilton's Towing Service Auto Repair Shop
  • Higher Good Yoga Gym & Fitness Center
  • Columbia New Generation Park Industrial Manufacturer Production Facility
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
Luter Yulonda
Luter Yulonda
since 2026
2 recorded transactions
2026
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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