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1243 Us Highway 82, Indianola, MS, 38751

--beds
0baths
--sqft
$200,000
--price/sqft
$1,590/moest. monthly cost
$63,600/yrincome needed

About This Home

Located off Highway 82, this 5.3A± acre commercial property offers 100 feet of prime road frontage in Indianola, Mississippi. Situated less than a mile from the busy Love's Truck Stop, the Sunflower County property benefits from substantial exposure, with over 8,200A± vehicles passing by daily The site includes a pre-built pad, making it ready for immediate development. It offers adequate access to major roads in the city of Indianola and is zoned C-3, Highway Commercial District, which encompasses most of the businesses along and on either side of US Highway 82. With its strategic location, this property is perfect for various commercial uses such as retail, dining, or a small distribution center. The property has a level topography with access to all public utilities provided in the City of Indianola (water, sewer, electricity, natural gas, telephone, and internet services). The site is in FEMA Zone X - not a designated flood hazard area - with reduced flood risk due to the nearby levee. Take advantage of this opportunity for a large commercial lot or divide it into individual lots. Call or today for additional information and to schedule a showing! Location: Indianola, MS Sunflower County US Highway 82 Frontage 26.5A± Miles S of Cleveland 28.5A± Miles W of Greenwood Property Use: Commercial Use Industrial Mixed Use Investment Coordinates: 33.45942, -90.6268 Property Information: 5.3A± Total Acres Vacant Land Utilities Available Tax Information: 2023 - $1,517.63 Parcel 119J320000400

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
3/10
Gentry High SchoolGrades 10-121.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Property

Lot

  • Lot size: 5.30 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Drought
Earthquake
Hurricane
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters in Sunflower County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$279$3,348
Property Taxes $108$1,296
Electricity $192$2,304
Total$1,590$19,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,514/yr
40% on housing$47,700/yr
45% on housing$42,400/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 38751$72
Sunflower County$74

vs Homes Sold Last Month

Median $/sqft

ZIP 38751$93
Sunflower County$62

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-15Pending sale$375,000
2025-09-23Price change$375,000
2025-09-23Price change$200,000
2025-09-11Price change$400,000
2025-09-11Listed for sale$250,000

For Sale by Agent

AgentWilson Britt
BrokerageSmallTown Properties

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