1629 Simpson Highway 149Mendenhall, MS 39114

Property Details for 1629 Simpson Highway 149

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

1,253 SF

Property type

Office buildings

APN

3042A000330000100400

APU

3042A000330000100400

Description

This exceptional commercial property located at 1629 Simpson Highway 149 in Mendenhall, Mississippi, presents a unique opportunity for a wide range of businesses. Boasting a total of 1,733 square feet situated on a 0.16-acre lot, this versatile building offers ample space for various uses. The main structure features one enclosed office, a convenient break area complete with a sink and cabinets, and a large open area perfect for customization. A connecting walkway leads to a second building, providing additional space with a small storage room and a bathroom. The property's history is rich and varied, having previously served as a law office, florist, and gas station, demonstrating its adaptability to diverse business needs. This adaptable layout allows for creative design and efficient workflow, making it ideal for entrepreneurs seeking an affordable and functional space to establish or expand their operations. The property's location in Mendenhall offers excellent visibility and accessibility, providing a strong foundation for business growth. This is a rare opportunity to acquire a well-located, versatile commercial property at an attractive price point. Don't miss out on this chance to shape the future of your business.

• CAP approach

  CAP return

  Valuation

  6%

  $210,033

  6.5%

  $193,877

  7%

  $180,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $95,580

  Geo Method

  $244,410

• Alternative Use

  Use

  Valuation

  Residential

  $240,407

  Hospitality

  $220,212

  Educational

  $183,213

  Medical

  $189,514

  Retail

  $284,999

Location Insight

City

Mendenhall

County

Simpson

State

Mississippi

Latitude

31.9606

Longitude

-89.8713

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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