Property profile

422 Beacon St Philadelphia, MS 39350

FOR SALE
Retail space
Property ID
US50-1246047
3,919 SF 0.11 ac lot Built 1935
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional special-purpose commercial property, located at 422 Beacon Street in downtown Philadelphia, Mississippi, presents a unique investment opportunity. Boasting a generous 3,750 square feet of space, this property sits on a sizable 5,000 square foot lot, offering ample room for various commercial ventures. Its prime downtown location ensures high visibility and accessibility. The building features attractive high ceilings and wood floors, adding character and potential for creative interior design. The asking price is $499,000. The property's versatility makes it suitable for a wide range of uses, allowing for customization to meet specific business needs. Its corner lot placement provides excellent street frontage and potential for signage. This is a rare opportunity to acquire a substantial commercial space in a thriving Mississippi city. The property's size and location make it an ideal investment for entrepreneurs and businesses seeking a prominent presence in the heart of Philadelphia. Serious inquiries are encouraged to explore the possibilities this property offers. The zip code is 39350, and the property is situated in Neshoba County.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1935
Total area 3,919 SF
Lot 0.11 ac (4,901 SF)
APN 06330C-00D-029.000
UPID US50-1246047

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
  • (Bike/Boat/Book/etc) Store Florist

Location

422 Beacon St Philadelphia, MS 39350
Philadelphia metro Census 10400
Google Maps

Value estimations

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

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2013
Price N/A
2009
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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