00 Highway 16

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00 Highway 16

Philadelphia, MS 39350
Asking Price
$499K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land spanning 3.5 acres available for acquisition.
  • Property located directly on Highway 16 in Philadelphia, Mississippi.
  • Asking price for the commercial development site is $499,000.
  • Land parcel suitable for diverse retail or office development projects.
  • Positioned within a key regional trade center in Neshoba County.

What's Special

This 3.5-acre commercial land parcel sits directly along Highway 16 in Philadelphia, Mississippi. The site provides a strategic position for development within a growing regional hub known for its established local economy and accessibility to surrounding counties. Given its commercial designation and frontage on a primary thoroughfare, this acreage presents a viable option for retail centers, service-based businesses, or professional offices looking to establish a presence in the local market. The site offers sufficient space for versatile site planning, whether for a single-tenant build-to-suit project or a larger mixed-use development. Philadelphia serves as an essential trade center for Neshoba County, attracting consistent traffic through its arterial infrastructure. Buyers will find this lot well-situated for businesses requiring high visibility and efficient logistics access. Its proximity to primary transit routes makes it a functional choice for commercial operators seeking to capture regional consumer demand in an active Mississippi submarket.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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