4364 Highway 51 Senatobia, MS 38668
This exceptional commercial property presents a compelling investment opportunity in the thriving town of Senatobia, Mississippi. Situated on a 1.2-acre lot within the historic district, this property boasts a 4,290 square foot main building, providing ample space for a variety of business ventures. The strategic location just south of the newly constructed roundabout at US 51 and West Main Street ensures high visibility and accessibility, maximizing exposure to a substantial volume of traffic. Adding to its versatility, the property includes a separate storage building, offering additional space for inventory, equipment, or other operational needs. Furthermore, the property offers an expansive 5,000 square feet of parking, ensuring convenient access for customers and employees. The property is being sold "AS IS," presenting a unique chance for buyers to customize and develop the space to perfectly suit their business needs. Given its size, location, and versatile features, this property is ideally suited for a wide range of commercial uses, making it an attractive investment for both established businesses and entrepreneurs seeking a prime location in a growing community. The property's location within the historic district adds to its charm and potential for attracting customers. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant growth potential.
-
Tina Highfill Physician
-
Alexandra Banker Physician
-
Sarah West Physician
-
Dr. John Black Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.