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5599 North Frontage Road
Columbus, MS 39701
Asking Price
$1.63M
Asset Type
Distribution Retail
Class
Class B
What's Special
<p><span style="color: rgba(0, 0, 0, 1)">PRIME LAND FOR SALE ON NORTH FRONTAGE ROAD! THIS LAND HAS ROAD FRONTAGE ON TWO SIDES. ESTABLISHED SHOP ALREADY ON THE BACK OF THE PROPERTY. THIS AREA IS GROWING FAST, WITH SO MUCH INDUSTRY AND MORE COMING. THE STEEL DYNAMICS PLANT, ALUMINUM DYNAMICS, FED EX HUB, AIRBUS, STARK AEROSPACE, GOLDEN TRIANGLE AIRPORT AND PAACAR ENGINE COMPANY ARE JUST MINUTES AWAY. PLANS FOR OTHER COMPANIES THAT ARE COMING TO THIS AREA ARE UNDERWAY. </span></p><p>Very close to t
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NOI
$80,000
Cap Rate
4.90%
DSCR
0.83
Underwater
Cash-on-Cash
-3.45%
Monthly Payment
$8,074.246
Annual Cash Flow
$-16,890.947
