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Property profile & analytics
FOR SALE
Retail space

5000 Hampstead Blvd Clinton, MS 39056

111,786 SF Built 2005
Entity Owned 21-yr Hold Free & Clear
Property ID
US50-0198042
Property summary
AI-generated overview

This exceptional 5.09-acre commercial land parcel presents a remarkable development opportunity in Clinton, Mississippi. Ideally situated in Hinds County, this property boasts unparalleled visibility and convenient access to Interstate 20, Highway 80, and Springridge Road, ensuring high traffic flow and maximum exposure for any commercial venture. The site is zoned C-2 (General Commercial District), allowing for a diverse range of retail uses. With a total land area of 5.09 acres, the property offers ample space for substantial development. The asking price is $1,763,308, translating to a land value of $8 per square foot. This strategic location, combined with its favorable zoning and high visibility, makes this property an exceptional investment for developers seeking a prime location in a thriving Mississippi market. The property's proximity to major thoroughfares guarantees easy accessibility for customers and employees alike, maximizing its potential for success. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area, offering substantial returns for the discerning investor. Don't miss this chance to secure a prime location for your next commercial development. The address is 5000 Hampstead Blvd, Clinton, MS 39056.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2005
Construction WOOD
Total area 111,786 SF
APN 2861 0246 005
UPID US50-0198042
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
  • Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
  • Home Services at The Home Depot Plumbing Service General Contractor
  • Tool Rental Center at The Home Depot Rental Equipment Company
  • Garden Center at The Home Depot Garden Center
  • The Home Depot Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.00M
Comparable Approach Comparable
$13.81M
Blend (final) Blend
$13.41M
Owner & transaction history
Home Depot USA INC · 21 yrs held
Home Depot USA INC
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $11.7M +13.6%
Restaurant $11.0M +7.1%
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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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