436 Peace StCanton, MS 39046

  • Office properties
  • 1,700 SF
For Sale
$299,000 View listing

Property Details for 436 Peace St

Year built
1965
Property size (Sq ft)
1,700 SF
Property type
Office properties
Property subtype
Other office properties
APN
092F-24A-109
APU
092F24A109

Description

This unique 16,241 square foot property located at 436 W Peace Street in Canton, Mississippi presents a rare investment opportunity. Situated on a 1.3-acre lot in the heart of Canton's historic district, this former cotton gin offers unparalleled potential for adaptive reuse. Its prime location provides easy access to the railroad and Canton Square, ensuring high visibility and convenient access for any business. The expansive interior space allows for a multitude of uses, making it ideal for a variety of commercial ventures. Imagine the possibilities: a vibrant mixed-use development, a unique event space, or a creative industrial workspace. The building's substantial size and versatile layout offer ample room for customization and expansion. The property's substantial size and location within the historic district offer a blend of character and convenience. The over one-acre lot provides ample outdoor space, perfect for parking, outdoor seating, or additional development. This is a truly exceptional opportunity to acquire a landmark property with significant upside potential in a thriving Mississippi community. The asking price for this remarkable property is $299,000. Don't miss this chance to own a piece of Canton's rich history and shape its future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $244,943
    6.5%
    $226,101
    7%
    $209,951
  • Comparable approach

    Method
    Valuation
    Relative Method
    $123,868
    Geo Method
    $331,602
  • Alternative Use

    Use
    Valuation
    Residential
    $280,366
    Hospitality
    $256,813
    Educational
    $213,666
    Medical
    $221,014
    Retail
    $332,369
436 Peace St, Canton, Mississippi

Location Insight

City
Canton
County
Madison
State
Mississippi
Latitude
32.613
Longitude
-90.04
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

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
$2,717
-
-
$18,470
-
$34,850
$88,280
$123,130

FAQs

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