5000 Hampstead Blvd Clinton, MS 39056
- Retail space
- 111,786 SF
Current Use by Public Records
- Pro Desk at The Home Depot / Insulation Materials Store / Lumber Store
- Home Services at The Home Depot / Plumber / Electrician
- Tool Rental Center at The Home Depot / Equipment Rental Agency / Forklift Rental Service
- Garden Center at The Home Depot / Ready Mix Concrete Supplier / Retaining Wall Supplier
- The Home Depot / Appliance Store / Paint Store
Property Details for 5000 Hampstead Blvd
- Year built
- 2005
- Construction
- WOOD
- Property size
- 111,786 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 2861 0246 005
- APU
- 28610246005
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $885,000
- 6.5%
- $1,000,000
- 7%
- $1,005,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $960,000
- Retail
- $860,000
- Mixed-Use
- $1,085,000
- Hospitality
- $1,030,000
- Educational
- $1,050,000
- Residential Income
- $1,015,000
- Energy
- $1,035,000
- Income-Based Land
- $860,000
- Food Service
- $795,000
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.3215
- Latitude
- 32.3279
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
