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302 Alabama St 8,400 SF 100% Leased Retail Building Columbus, MS 39702 $600,000 ($71.43/SF)
EXECUTIVE SUMMARY
Occupancy / Underwriting: Given that the lease is month-to-month and well below market, the property should not be positioned as a stabilized investment or underwritten off an in-place cap rate.
Vacant Delivery: Please note that the property can be sold vacant. Any buyer will need to secure a long-term tenant post-closing or occupy the property themselves.
Additionally, include a location aerial showing the property in relation to Highway 45 and the main commercial corridor in town
Vacant Delivery: Please note that the property can be sold vacant. Any buyer will need to secure a long-term tenant post-closing or occupy the property themselves.
Additionally, include a location aerial showing the property in relation to Highway 45 and the main commercial corridor in town
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,400 SF
Year Built
1960
Price
$600,000
Price Per SF
$71.43
Percent Leased
100%
Building Height
1 Story
Zoning
C-1
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 62W11-05-02000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $23,351 |
PROPERTY TAXES
Parcel Number
62W11-05-02000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,351
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Presented by
Delta-Gulf Real Estate Corporation
302 Alabama St
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