109 Grants Ferry RdBrandon, MS 39047

Property Details for 109 Grants Ferry Rd

Year built

2002

Lot size

0.69 AC

Property size (Sq ft)

2,184 SF

Property type

Retail space

APN

H11 000094 00010

APU

H1100009400010

Description

This exceptional 2,351 square foot retail property, situated on a 0.69-acre lot at 109 Grants Ferry Road in Brandon, MS, presents a lucrative investment opportunity. Located in a prime Rankin County commercial area, just past the intersection of Spillway and Grants Ferry Roads, this building offers excellent visibility and accessibility. The property boasts a flexible, open floor plan, easily adaptable to a wide range of retail or office uses, allowing for customization to meet specific business needs. A significant additional revenue stream is generated by a billboard currently leased to Lamar Advertising Company, providing a consistent and reliable income source beyond the primary retail space. The property's location within a thriving commercial district ensures high traffic volume and strong potential for customer engagement. This is an ideal opportunity for entrepreneurs seeking a well-positioned, income-generating commercial property in a desirable Mississippi market. The asking price is $525,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $538,154

  6.5%

  $496,757

  7%

  $461,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,826

  Geo Method

  $1,073,548

• Alternative Use

  Use

  Valuation

  Residential

  $419,033

  Hospitality

  $383,832

  Educational

  $319,344

  Medical

  $330,327

  Retail

  $496,757

Location Insight

City

Brandon

County

Rankin

State

Mississippi

Latitude

32.3709

Longitude

-90.0167

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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