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Property profile & analytics
OFF-MARKET
Super regional malls

618 Gloster St Tupelo, MS 38804-1945

12,600 SF Built 1958
Entity Owned 2-yr Hold Free & Clear
Property ID
US50-0545510
Property summary
AI-generated overview

This exceptional commercial property, located at 618 N Gloster St. in Tupelo, MS, presents a lucrative investment opportunity. The 1-acre shopping center boasts nine diverse income streams, providing a stable and predictable cash flow for the owner. Its prime location on N Gloster Street offers unparalleled visibility and accessibility, with 267 feet of road frontage and a high daily traffic count of 23,000 vehicles. This ensures maximum exposure for all tenants, attracting a substantial customer base. The property's strategic positioning within Tupelo's premier commercial corridor guarantees strong tenant occupancy and consistent rental income. This is an ideal acquisition for investors seeking a diversified, high-return commercial real estate investment in a thriving Mississippi market. The property is offered at $1,100,000. Detailed financial information and tenant lease agreements are available upon request. This is a rare opportunity to acquire a well-established, income-producing commercial center in a high-demand location. Don't miss out on this chance to add a significant asset to your investment portfolio. Serious inquiries only.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1958
Total area 12,600 SF
APN 089E-30-157-00
UPID US50-0545510
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
  • Discount wine and spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zariq Investment Group LLC · 2 yrs held
Zariq Investment Group LLC
since 2023
2 recorded transactions
2023
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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