110 Grissom Rd

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110 Grissom Rd

Fulton, MS 38843
Asking Price
$1.98M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land tract available for sale in Fulton
  • Total asking price is set at $1,979,000
  • Property is located at 110 Grissom Rd
  • Asset sits within the 38843 Mississippi submarket
  • Suitable for diverse commercial development and site use

What's Special

Priced at $1,979,000, this commercial land parcel at 110 Grissom Rd provides a strategic acquisition in Fulton, MS. The site is situated within a regional landscape characterized by steady industrial and commercial activity, offering significant potential for development in the 38843 ZIP code area. Proximity to local transit routes and established commercial corridors supports varied development paths for this vacant tract. Investors and business owners can evaluate this acreage for a range of commercial applications, including retail centers, professional offices, or specialized service facilities. The property occupies a functional position within the broader Fulton market, which continues to attract businesses seeking expansion opportunities in a growing regional hub. This commercial land represents a clear opportunity for parties interested in ground-up development or long-term land banking in a stable Mississippi submarket.

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NOI
$80,000
Cap Rate
4.04%
DSCR
0.68
Underwater
Cash-on-Cash
-6.31%
Monthly Payment
$9,791.012
Annual Cash Flow
$-37,492.147

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