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712 Coulter Dr 5,910 SF 12% Leased Retail Building New Albany, MS 38652 $575,000 ($97.29/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic
- 5,910 SF
- 1.2 Acres
- Flexible floor plan — perfect for owner-user or multi-tenant office suites
- Vacant Corner Lot Included
- Corner Lot
EXECUTIVE SUMMARY
712 Coulter Dr offers an exceptional opportunity for a fast-food or quick-service restaurant, ideally suited for a Chick-Fil-A location. This ±5,910 SF single-story commercial building sits on approximately 1.20 acres at a prime corner of Coulter Dr and Coulter Cove, providing immediate access to I-22 (Exit 61) and MS-30 W. The property boasts excellent visibility and convenient ingress and egress, making it a strategic choice for high-volume traffic capture.
Located in a strong retail corridor, the site benefits from regional draw, including Oxford, MS and the University of Mississippi (Ole Miss), which are approximately 34–36 miles away, or about a 45–48 minute drive.
The surrounding area within a 1–2 mile radius features major businesses such as Hampton Inn New Albany, Walgreens, Best Western New Albany, Walmart Supercenter, and Baptist Memorial Hospital – Union County. These anchors generate consistent traffic and complement the food corridor.
This site is ideal for QSR development due to its interstate capture, adjacency to existing food establishments, strong retail anchors, and regional reach to Oxford and Ole Miss, which drive weekend and seasonal traffic. Contact the broker for further details and to finalize traffic counts and demographic tables after MDOT verification.
Or, there is the choice to take the building as it is, which offers the use of a prominent 5,910 SF commercial building situated on a 1.2-acre corner lot in a prime location just off Interstate I-22 Exit 61. Vacant Corner Lot Included! Commercially dense area with several major chain venues nearby, this property offers excellent visibility and accessibility. With ± 14 offices, multiple conference rooms, storage rooms, and a welcoming reception desk at the main entrance, it's perfectly suited for a large staffed office or multi-tenant office spaces. The building layout would subdivide easily, for shared workspace configurations.
Located in a strong retail corridor, the site benefits from regional draw, including Oxford, MS and the University of Mississippi (Ole Miss), which are approximately 34–36 miles away, or about a 45–48 minute drive.
The surrounding area within a 1–2 mile radius features major businesses such as Hampton Inn New Albany, Walgreens, Best Western New Albany, Walmart Supercenter, and Baptist Memorial Hospital – Union County. These anchors generate consistent traffic and complement the food corridor.
This site is ideal for QSR development due to its interstate capture, adjacency to existing food establishments, strong retail anchors, and regional reach to Oxford and Ole Miss, which drive weekend and seasonal traffic. Contact the broker for further details and to finalize traffic counts and demographic tables after MDOT verification.
Or, there is the choice to take the building as it is, which offers the use of a prominent 5,910 SF commercial building situated on a 1.2-acre corner lot in a prime location just off Interstate I-22 Exit 61. Vacant Corner Lot Included! Commercially dense area with several major chain venues nearby, this property offers excellent visibility and accessibility. With ± 14 offices, multiple conference rooms, storage rooms, and a welcoming reception desk at the main entrance, it's perfectly suited for a large staffed office or multi-tenant office spaces. The building layout would subdivide easily, for shared workspace configurations.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
5,910 SF
Building Class
B
Year Built
1976
Price
$575,000
Price Per SF
$97.29
Percent Leased
12%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.20 AC
Zoning
Commercial - Commercial
Parking
40 Spaces (6.77 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 018N-06-024.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $54,305 |
PROPERTY TAXES
Parcel Number
018N-06-024.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,305
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712 Coulter Dr
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