53.2

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53.2

Mendenhall, MS 39114
Asking Price
$279K
Asset Type
Land
Class
Class B

What's Special

Situated at 53.2 Highway 49 South in Mendenhall, Mississippi, this land parcel offers direct frontage on a primary north-south regional corridor. The surrounding neighborhood is characterized by a mix of established local businesses, agricultural tracts, and essential service providers. Notable nearby amenities include various retail outlets and public offices within the Mendenhall city limits. The property benefits from high-visibility transportation access, connecting the site to the larger Jackson metropolitan area to the north and the Gulf Coast region to the south via US-49. The asset is suitable for commercial development projects that require high traffic exposure and logistical ease. Potential use cases include retail centers, quick-service restaurants, or light industrial facilities. The typical tenant profile includes national franchises seeking expansion along Southern Mississippi transit routes or regional logistics providers requiring a strategic waypoint between major hubs. The cleared topography and highway access provide a versatile foundation for professional or service-oriented construction.

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NOI
$80,000
Cap Rate
28.67%
DSCR
4.83
Strong
Cash-on-Cash
75.79%
Monthly Payment
$1,380.34
Annual Cash Flow
$63,435.923

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