612 Laurel Dr Magee, MS 39111
This exceptional 1.3-acre commercial property in Magee, Mississippi, presents a unique investment opportunity. Strategically positioned at the intersection of Highway 28 East/West (6200 daily traffic count), Highway 149 (4500 daily traffic count), and a major thoroughfare leading into downtown Magee (6300 daily traffic count), this site boasts exceptional visibility and accessibility. The property extends to Coop Road, further enhancing its exposure to a high volume of daily traffic. Its proximity to Highway 49 (19,000 daily traffic count) provides convenient access to a wider regional market. The land has previously housed a long-standing car dealership, demonstrating its suitability for various commercial ventures. Zoning allows for a diverse range of uses, including but not limited to another car dealership, ATV/tractor sales, a convenience store, or a strip mall. This is an ideal location for a business seeking high visibility and significant daily traffic exposure. The property's established history and prime location make it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to establish your business in a high-traffic area with significant growth potential. The asking price is $495,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.