582 Simpson Hwy 149 Magee, MS 39111-8805
This exceptional investment opportunity presents a 4,000+ square foot metal commercial building ideally situated on Highway 149 in Magee, Mississippi. The property boasts a substantial amount of parking, with over 2,700 square feet of paved driveways and parking areas accommodating ample customer and employee vehicles. The building itself features a convenient roll-up delivery door, perfect for efficient loading and unloading of goods. Currently occupied by a tenant (details available upon request), this property offers immediate income potential. The lot size measures approximately 180 feet by 74 feet, totaling 0.03 acres, providing sufficient space for the building and its associated parking. This prime retail location on a busy highway offers high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The asking price is $135,000, representing a strong return on investment given the existing tenancy and the property's desirable location and features. Serious inquiries are encouraged to learn more about this lucrative opportunity. Contact us today to schedule a viewing and discuss the details of this exceptional commercial property.
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Magee Memorial Funeral Home, Inc. Social Service Agency
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
Similar Nearby for Lease
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.