REAL ESTATE: Mississippi Commercial Properties For Sale - Bidding Now Complete

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901 Highway 72 East, Corinth, MS in Alcorn County 

Contact Lance Walker
Walker Auctions - Memphis, TN
(901) 493-1936 • lance@walkerauctions.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currently Leased for $1,500/Month until 11/30/2024 with option to renew to 11/30/2025 at same price.

Site Size: 0.65+/- acres or 28,297+/- square feet 
Improvements: 2,430+/- square foot office building 
Zoning: C-2, General Commercial
Streets: U.S. Highway 72: 4-lane, asphalt paved, public street and Crater Street: 2-lane asphalt  paved, public street
The improvements of the subject property consist of an office building in an area with mostly commercial type uses along U. S. Highway 72 in the southeastern portion of Corinth, Mississippi. The following is a breakdown of the existing subject improvements:
Name of Property: Speedee Cash 
Property Type: office building
Stories/height: 1.00 story / 8'+/- ceiling height 
Gross Building Area: 2,430+/-  square feet
Construction Class: Class C concrete block 
Foundation: poured-in-place concrete foundation 
Exterior Walls: metal sheeting with a brick façade 
Frame:  concrete block 
Windows: aluminum-frame with insulated glass panels 
Roof:  metal sheeting over wood decking 
Interior Floor Finish: a mixture of carpet and ceramic tile 
Interior Walls/finish: painted sheetrock and block 
Interior Ceilings: acoustic ceiling tiles in a suspended metal frame 
Lighting: fluorescent fixtures in a suspended metal frame 
Restroom Facilities: one two-fixture restroom 
Heating/fuel Source: central 
Air Conditioning: central 
Year built/Date of completion: 1970+/- 
Actual Age/Effective Age: 50 year / 15 year+/- 
Estimated Economic Life: 50 years (per Marshall and Swift Valuation Service) 
Construction Class: Class C, average quality, Residences: Single family residence

The property is located in part of the Southeast Quarter of Section 12, Township 2 South, Range 7 East, City of Corinth, Alcorn County, Mississippi. The property may be further identified on the Alcorn County Tax Roll as part of parcel number: 0801124 B 06300.

Ad Valorem Taxes 
The subject property is on the City of Corinth and Alcorn County tax rolls at a so-called  “true value”, as determined by the local tax office of $103,539 of which $60,000 is attributed  to the land. The city and the county assess at 15% of this so-called true value thus making the  subject’s assessed value $15,530. 

The combined city, county and school millage is 149.45 mills. The subject property’s taxes are estimated with the aforementioned millage, which is applied to the assessed value to give the present taxes. 

NO BACK TAXES. 2024 Taxes paid by seller. 

Estimated Taxes $2,320.96

REAL ESTATE MUST BE CLOSED ON OR BEFORE 12/18/2024

15 West Lakeview Drive, Clinton, MS in Hinds County

Benny Taylor
Taylor Auction & Realty, Inc. - Mississippi Lic. 176 - Grenada, MS
(662) 417-0397  • benny@taylorauction.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currenly Leased for $1,500/Month until 11/30/2024 with option to renew to 11/30/2025 at same price.

Tax records indicate the building was originally constructed in 1982.  It appears to have been originally constructed as a single tenant fast food restaurant that has been converted into the use as a retail office facility. 

Construction Characteristics

Exterior
Footings/Foundation: Reinforced poured concrete
Floor Slabs: Reinforced concrete
Framing/Structural Support: Masonry
Exterior Walls: Brick veneer, and wood siding
Roof System: Metal false mansard
Exterior Windows: Glass set in metal frames

Interior
Floor Covers: Carpet and ceramic tile
Interior Walls: Painted drywall
Ceilings: Acoustical grid ceiling tile
Lighting: Recessed fluorescent

Mechanical
HVAC System: Central heating and cooling
Electrical: Assumed to be in compliance with all applicable codes.
Plumbing: All water lines, soil stacks and piping is assumed to be adequate and in compliance with code.
Restrooms: 2 restrooms

Tax records indicate the building was originally constructed in 1982.  It appears to have been originally constructed as a single tenant fast food restaurant that has been converted into the use as a retail office facility.

Taxes
The property is shown on Hinds County Tax Records as Parcel No. 2861-91-502.  The Hinds County Tax Assessor has estimated the value of the subject property at $258,490, of which $73,760 is for the land and $184,730 is for the improvements.  

NO BACK TAXES. 2024 Taxes paid by seller. 

Zoning
The subject is currently zoned CBC-Clinton Boulevard Corridor District by the City of Clinton.  The general purpose of this district is for protection and development along Clinton Boulevard.  Some of the uses allowed in this zoning district include all those in C1 zoning district, as well as shopping centers.  

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411 South State Street, Clarksdale, MS in Coahoma County

Benny Taylor
Taylor Auction & Realty, Inc. - Mississippi Lic. 176 - Grenada, MS
(662) 417-0397  • benny@taylorauction.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currenly Leased for $1,500/Month until 11/30/2024 with option to renew to 11/30/2025 at same price.

Name of Property: Speedee Cash
Property Type: office building
Stories/height: 1.00 story / 8'+/- ceiling height
Building Dimensions: See Sketch on Page 44
Gross Building Area: 2,788+/- square feet  
Construction Class: Class C and S concrete block and metal frame
Foundation: poured-in-place concrete foundation
Exterior Walls: painted concrete block and metal sheeting
Frame: concrete block and metal frame 
Windows: aluminum-frame and insulated glass panels
Roof: metal sheeting over wood decking
Interior Floor Finish: a mixture of carpet, ceramic tile and exposed concrete
Interior Walls/finish: a mixture of painted sheetrock and concrete blocks
Interior Ceilings: acoustic ceiling tiles in a suspended metal framework
Lighting: a mixture of fluorescent and incandescent fixtures
Restroom Facilities:    two two-fixture restrooms
Heating/fuel Source:    central
Air Conditioning:     central
Year built/Date of completion:  1948+/-
Actual Age/Effective Age:   72 year / 18 year+/-
Estimated Economic Life:   50 years (per Marshall and Swift Valuation Service)
Construction Class: Class C and S, average quality, Residences: Single-family residence

The improvements of the subject property consist of an office building in an area with mostly commercial type uses along South State Street in the central portion of Clarksdale, Mississippi.

Summary of Improvements:
The subject property is a Class C and S, concrete block and metal frame office building containing 2,788 square feet ±. The structure has a poured-in-place concrete foundation. The exterior walls are painted concrete block and metal sheeting over concrete block and metal frame. The roof has metal sheeting over wood decking and wood trusses. The various areas of the building’s interior are centrally heated and cooled by a single unit.  The interior has acoustic ceiling tiles in a suspended metal framework ceilings with heights of 8’ and a mixture of painted sheetrock and concrete blocks walls. The floor coverings consist of a mixture of carpet, ceramic tile and exposed concrete. The lighting is a mixture of fluorescent and incandescent fixtures. 

The building was originally built as a mechanics garage but was converted to another use later. It has been renovated and used as an office for an extended period.

Zoning: C-2, Highway Commercial District Municipal zoning indicates the site to have a permitted land use of C-2, Highway Business District. The purpose of this district is to provide areas along major transportation routes for those uses which normally require larger sites and direct access to major thoroughfares. The C-2, Highway Commercial District is created in order that there be designated areas along major highways and arterial streets used for commercial activities oriented toward use of the automobile or other forms of transportation. 

Official Zoning Designation and Granting Body
The subject property is zoned C-2, Highway Commercial District, according to the zoning ordinance, which was approved by Planning and Zoning Commission of Clarksdale, Mississippi.

The property is located in Lot 8 and the East Half of Lot 7, Block 3, Riverton Land Company's Addition Number 4, City of Clarksdale, Coahoma County, Mississippi. The property may be further identified on the Coahoma County Tax Roll as part of parcel number: 391 231300003 0000800.

Ad Valorem Taxes
The subject property is on the City of Clarksdale and Coahoma County tax rolls at a so called “true value”, as determined by the local tax office of $166,767 of which $65,000 is attributed to the land. The city and the county assess at 15% of this so-called true value thus making the subject’s assessed value $25,015.

The combined city, county and school millage is 213.92 mills. The subject property’s taxes are estimated with the aforementioned millage, which is applied to the assessed value to give the present taxes. 

NO BACK TAXES. 2024 Taxes paid by seller. 

Estimated Taxes $5,351.21.

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1925 Highway 49 East,  Yazoo City, MS in Yazoo County

Benny Taylor
Taylor Auction & Realty, Inc. - Mississippi Lic. 176 - Grenada, MS
(662) 417-0397  • benny@taylorauction.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currenly Leased for $1,000/Month until 11/30/2024 with option to renew to 11/30/2025 at same price.

Construction Characteristics
The general subject improvements for the main original office building are outlined following in grid format.

Exterior
Footings/Foundation: Reinforced poured concrete
Floor Slabs: Reinforced concrete
Framing/Structural Support: Masonry
Exterior Walls: Brick veneer, and wood siding
Roof System: Metal panel
Exterior Windows: Glass set in metal frames

Interior
Floor Covers: Carpet and ceramic tile
Interior Walls: Painted drywall
Ceilings: Acoustical grid ceiling tile
Lighting: Recessed fluorescent

Mechanical
HVAC System: Central heating and cooling
Electrical: Assumed to be in compliance with all applicable codes.
Plumbing: All water lines, soil stacks and piping is assumed to be adequate and in compliance with code.
Restrooms: 2 restrooms

Utilities
The site has access to all necessary utilities for use
Tax records indicate that the main retail office building was constructed in 1983, with the warehouse constructed in 1993.  As previously noted, the improvements consist of a single story, single tenant retail office building containing some 962 square feet with a detached metal warehouse building containing some 645 square feet.

Taxes
The property is shown on Yazoo County Tax Records as Parcel No. 3-275Q-22-179.01.
The Yazoo County Tax Assessor has estimated the value of the subject property at $115,810, of which $52,250 is for the land and $63,560 is for the improvements.  

NO BACK TAXES. 2024 Taxes paid by seller. 

Zoning
The subject is currently zoned C-3, General Highway Commercial District by Yazoo City.
The general purpose of this district is for development of vehicle oriented commercial activities located along major thoroughfares through the area.  Some of the uses allowed in this zoning district include all those in C-2 zoning district, as well as shopping centers, drive in restaurants, hotels, motels, branch bank facilities, and automotive sales facilities.

Based on conversations with local zoning officials, the subject property appears to be a legal conforming use.

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1015 Highway 82 East, Greenville, MS in Washington County

Benny Taylor
Taylor Auction & Realty, Inc. - Mississippi Lic. 176 - Grenada, MS
(662) 417-0397  • benny@taylorauction.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currenly Leased for $1,750/Month until 8/31/2025 

The improvements of the subject property consist of an retail / warehouse building in an area with mostly commercial type uses along South 4th Street in the north-central portion of Greenville, Mississippi. The following is a breakdown of the existing subject improvements:

Name of Property:  Speedee Cash
Property Type:  retail / warehouse building 
Stories/height: 1.00 story / 10'+/- ceiling height
Gross Building Area: 1,659+/- square feet
Construction Class: Class C concrete block frame
Foundation: poured-in-place concrete foundation
Exterior Walls: brick veneer
Frame: concrete block frame 
Windows: aluminum-frame with insulated glass panels
Roof: rubber membrane over wood decking
Interior Floor Finish: a mixture of carpet and ceramic tile
Interior Walls/finish: painted paneling and sheetrock
Interior Ceilings: acoustic ceiling tiles
Lighting: surface-mounted fluorescent fixtures
Restroom Facilities: one two-fixture restroom
Heating/fuel Source: central
Air Conditioning: central

Year built/Date of completion: 1968+/-
Actual Age/Effective Age: 53 year / 18 year+/-
Estimated Economic Life: 50 years (per Marshall and Swift Valuation Service)
Construction Class: Class C, average quality, Residences: Single family residence

Summary of Improvements:
The subject property is a Class C, concrete block frame retail / warehouse building containing 1,659 square feet ±. The structure has a poured-in-place concrete foundation. The exterior walls are brick veneer over concrete block frame. The roof has rubber membrane over wood decking and wood trusses. The various areas of the building’s interior are centrally heated and cooled by a single unit. 

The interior has acoustic ceiling tiles ceilings with heights of 10’ and painted paneling and sheetrock walls. The floor coverings consist of a mixture of carpet and ceramic tile. The lighting is surface-mounted fluorescent fixtures. 

The improvements were originally constructed as a branch bank building but has been converted to an office-type building. 

The building will show normal physical depreciation. The photographs and other exhibits are included to help further describe the property and to assist the reader in visualizing the improvements. 

Zoning: C-4, General Commercial District
Municipal zoning indicates the site to be in a C-4 General Commercial District. These districts are intended to encourage uses which are necessary economic functions of the city and the planning area but which are not appropriate to the functions of the neighborhood business district.

Ad Valorem Taxes
The subject property is on the City of Greenville and Washington County tax rolls at a so-called “true value”, as determined by the local tax office of $155,100 of which $38,570 is attributed to the land. The city and the county assess at 15% of this so-called true value thus making the subject’s assessed value $23,265.

The combined city, county and school millage is 202.63 mills. The subject property’s taxes are estimated with the aforementioned millage, which is applied to the assessed value to give the present taxes. 

NO BACK TAXES. 2024 Taxes paid by seller. 

Estimated Taxes $4,714.19

Now Absolute! 

231 US Hwy 82 East, Indianola, MS in Sunflower County

Benny Taylor
Taylor Auction & Realty, Inc. - Mississippi Lic. 176 - Grenada, MS
(662) 417-0397  • benny@taylorauction.com

NOTE: THE FOLLOWING INFORMATION TAKEN FROM 3^rd PARTY AND SHOULD BE VARIFIED BY ANY POTENTIAL BIDDER BEFORE BIDDING. INFORMATION NOT GUARANTEED.

Commercial Building

Currenly Leased for $1,500/Month until 8/31/2025 

The improvements of the subject property consist of an office building in an area with mostly commercial type uses along U. S. Highway 82 in the northwestern portion of Indianola, Mississippi. The following is a breakdown of the existing subject improvements:

Name of Property: Speedee Cash
Property Type: office building
Stories/height: 1.00 story / 9'+/- ceiling height
Gross Building Area: 1,781+/- square feet   
Construction Class: Class C concrete block frame
Foundation:  poured-in-place concrete foundation
Exterior Walls:  painted concrete block and brick veneer
Frame:  concrete block frame 
Windows:  aluminum-frame and glass panels
Roof:  rubber membrane over wood decking
Interior Floor Finish: a mixture of ceramic tile and carpet
Interior Walls/finish: finished and painted sheetrock
Interior Ceilings:  acoustic ceiling tile in a suspended metal frame
Lighting: a mixture of fluorescent and incandescent fixtures
Restroom Facilities: one two-fixture restroom
Heating/fuel Source: central
Air Conditioning: central
Year built/Date of completion:  1955+/-
Actual Age/Effective Age:   65 year / 18 year+/-
Estimated Economic Life:   50 years (per Marshall and Swift Valuation Service)
Construction Class:  Class C, average quality, Residences: Single family residence

Summary of Improvements:
The subject property is a Class C, concrete block frame office building containing 1,781+/- square feet. The structure has a poured-in-place concrete foundation. The exterior walls are painted concrete block and brick veneer over concrete block frame. The roof has rubber membrane over wood decking and wood trusses. The various areas of the building’s interior are centrally heated and cooled by a single unit. 

The interior has acoustic ceiling tile in a suspended metal frame ceilings with heights of 9’ and finished and painted sheetrock walls. The floor coverings consist of a mixture of ceramic tile and carpet. The lighting is a mixture of fluorescent and incandescent fixtures.   

The building was originally built as a fast-food restaurant but has been converted to office use and has been used for office space for an extended period. 

The building will show normal physical depreciation. The photographs and other exhibits are included to help further describe the property and to assist the reader in visualizing the improvements. 

Zoning: C-3, Highway Commercial District
Municipal zoning indicates the site to be in a C-3, Highway Commercial District. These districts are intended to provide areas for development of a wide range of retail and service establishments for the motoring public.

Ad Valorem Taxes
The subject property is on the City of Indianola and Sunflower County tax rolls at a so called “true value”, as determined by the local tax office of $129,349 of which $27,500 is attributed to the land. The city and the county assess at 15% of this so-called true value thus making the subject’s assessed value $19,402.

The combined city, county and school millage is 168.16 mills. The subject property’s taxes are estimated with the aforementioned millage, which is applied to the assessed value to give the present taxes. 

NO BACK TAXES. 2024 Taxes paid by seller. 

Estimated Taxes $3,262.64