422 Riverwind DrPearl, MS 39208

  • Retail properties
  • 33,494 SF
For Sale
$3,695,000 View listing

Property Details for 422 Riverwind Dr

Year built
1999
Lot size
2.53 AC
Property size (Sq ft)
33,494 SF
Property type
Retail properties
Property subtype
Retail space
APN
E08E000023 00090
APU
E08E00002300090

Description

This exceptional retail property, located at 422 Riverwind Dr, Pearl, MS 39208, presents a compelling investment opportunity. The 33,610 square foot building, constructed in 2000 and renovated in 2022, sits on a 3.1-acre lot and boasts a prime location with excellent visibility from Interstate 20, near the Pearson Road interchange. Currently housing four tenants, including Launch Trampoline (vacating upon sale), C Spire Wireless, Rockin’ Nutrition, and High Cotton Wellness, the property offers a unique blend of existing income and redevelopment potential. The three remaining tenants occupy approximately 6,000 square feet and generate a combined gross monthly rent of just under $11,000. The building's strategic location benefits from proximity to major retailers such as Bass Pro Shops, Sam's Club, and Cinemark Tinseltown, as well as numerous hotels and restaurants. This presents a strong owner-user opportunity for a business requiring approximately 26,621 square feet, or an investor can capitalize on the existing tenants and lease the vacant space to a new tenant. The property is zoned for commercial use and features a single-story building with a gross lease type and multi-tenancy structure. The current occupancy rate is 20%. This is a rare chance to acquire a well-situated retail property with significant upside potential in a thriving Mississippi market.

422 Riverwind Dr, Pearl, Mississippi

Location Insight

City
Pearl
County
Rankin
State
Mississippi
Latitude
32.2666
Longitude
-90.139
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
2019
$42,000
-
-
$362,138
-
$827,530
$1,586,720
$2,414,250

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