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Property profile & analytics
OFF-MARKET
Land

862 Highway 49 Richland, MS 39218

8.91 ac lot
Property ID
US50-0314915
Property summary
AI-generated overview

This exceptional 8.91-acre commercial land parcel is strategically located at 862 Highway 49 S in Richland, Mississippi, offering unparalleled visibility and accessibility. Boasting 900 feet of frontage on the northbound lane of Highway 49 S, this property sits conveniently north of Best Western and Super Walmart, ensuring high traffic volume. The site is situated outside the floodplain, mitigating risk and offering development flexibility. The seller will consider dividing the property to accommodate various development needs. An easement provides access to Roland Drive, offering an alternative route and connection to the Super Walmart traffic signal at Harper Street via Crossroads Drive. This prime location benefits from a significant traffic count, with a 51,000 MDOT AADT (Average Annual Daily Traffic). The property is zoned for commercial use and is priced competitively at $1,350,000, or $151,685 per acre. The APN is D07C000006 00000. This presents a rare opportunity for investors and developers seeking a high-impact location in a thriving Mississippi market.

Property profile
Verified
Property type Land
Lot 8.91 ac (388,120 SF)
UPID US50-0314915
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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