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    Property profile & analytics

    7070 Line St Shuqualak, MS 39361

    • Retail space
    • 9,041 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Location Intelligence
    Property ID
    US50-0415457
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dollar General / Discount Store / Drug Store
    • Western Union / Money Transfer Service

    Property Details for 7070 Line St

    Year built
    2019
    Lot size
    1.30 lot acres
    Property size
    9,041 SF
    Property type
    Retail space
    APN
    022B-16-012.02
    APU
    022B1601202

    Description

    This exceptional investment opportunity presents a fee-simple ownership interest in a 9,090 square foot Dollar General store located at 7070 Line St, Shuqualak, MS 39361. The property boasts a 15.8-year absolute NNN lease with a remaining term of 9.7 years, commencing October 18, 2018, and expiring July 31, 2034. The lease includes four five-year renewal options, each with a 10% rent increase. The tenant, Dollar General Corporation, provides a corporate guarantee, ensuring consistent income. The property's strong financial performance is reflected in its current Net Operating Income (NOI) of $84,098, yielding a 7.50% cap rate at an asking price of $1,121,307 ($123.36 per square foot). Built in 2019, this single-story building sits on a 1.29-acre lot and enjoys 100% occupancy. The property's strategic location along MS-39, a road with 1,589 vehicles per day, serves a ten-mile population of 4,706 with an average household income of $46,600. This presents a compelling investment opportunity for those seeking a passive income stream with a strong, investment-grade tenant. The property is ideal for a 1031 exchange.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shuqualak
    County
    Noxubee
    State
    Mississippi
    Longitude
    -88.5674
    Latitude
    32.9781

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,747
    $32,500
    $605,610
    $638,110
    -
    $32,500
    $605,610
    $638,110

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      Oak St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      Oak St, Shuqualak, MS 39361
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      2,635 SF

      Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 2,635 SF
      Mulberry St, Shuqualak, MS 39361
      View Details
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      1,846 SF

      75 Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 1,846 SF
      75 Mulberry St, Shuqualak, MS 39361
      View Details
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      3,276 SF

      75 Mulberry St

      RETAIL STORES (PERSONAL SERVICES) • 3,276 SF
      75 Mulberry St, Shuqualak, MS 39361
      View Details
    • Value Estimation by Request
      1,642 SF

      6917 Line St

      RETAIL STORES (PERSONAL SERVICES) • 1,642 SF
      6917 Line St, Shuqualak, MS 39361
      View Details
    • Value Estimation by Request
      8,470 SF

      7075 Line St

      RETAIL STORES (PERSONAL SERVICES) • 8,470 SF
      7075 Line St, Shuqualak, MS 39361
      View Details
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    7070 Line St
    Shuqualak, MS 39361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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