750 Tuscaloosa RdColumbus, MS 39702

Property Details for 750 Tuscaloosa Rd

Year built

1972

Lot size

1.00 AC

Property size (Sq ft)

1,620 SF

Property type

Individual retail properties

APN

55W130001401

APU

55W130001401

Description

This exceptional mixed-use property, located at 750 Tuscaloosa Rd, Columbus, MS 39702, presents a unique investment opportunity. Priced at $315,000, this one-acre lot boasts a fully operational barber and beauty shop, ready for immediate income generation or expansion. The convenient location near the bypass and new industry ensures high visibility and accessibility for customers. The existing business provides a strong foundation for continued success, while the ample space offers potential for further development or diversification. This property is ideal for an entrepreneur seeking an established business with growth potential or an investor looking for a strong return on investment in a thriving area. The property's address is easily accessible, offering excellent exposure to a high volume of traffic. The existing barber and beauty shop is a significant asset, providing immediate cash flow and a proven business model. The one-acre lot provides ample space for potential expansion or the addition of complementary businesses. This is a rare opportunity to acquire a turnkey commercial property in a prime location with significant upside potential. Don't miss out on this chance to own a piece of Columbus's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $399,180

  6.5%

  $368,474

  7%

  $342,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,026

  Geo Method

  $796,313

• Alternative Use

  Use

  Valuation

  Residential

  $310,821

  Hospitality

  $284,711

  Educational

  $236,876

  Medical

  $245,023

  Retail

  $368,474

Location Insight

City

Columbus

County

Lowndes

State

Mississippi

Latitude

33.5186

Longitude

-88.371

CBSA code

18060

CBSA name

COLUMBUS, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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