1423 Palmetto Rd - Health Care FOR SALE


Tupelo, MS 38801
$590,000 USD
662-231-4262
1423 Palmetto Rd, Tupelo, MS for Sale
$590,000 USD
Health Care - FOR SALE
1/15
null | Request Cap Rate

1423 Palmetto Rd
Tupelo, MS 38801


HIGHLIGHTS

  • Turnkey 6,641 SF medical office with 10 exam rooms and full clinical build-out
  • Ideal for urgent care, primary care, pain management, or occupational health providers
  • Located in a federally designated healthcare shortage area (HPSA & MUA)
  • Adjacent to Verona Industrial Park supporting strong workforce demand
  • Strategic location serving Verona, Tupelo, and surrounding communities

OVERVIEW

This 6,641 SF medical facility in Verona, Mississippi presents a rare opportunity to acquire an established healthcare location serving an underserved trade area. Offered for sale at $590,000 or available for lease at $12 PSF NNN, the property previously operated as an urgent care and primary care clinic and is positioned near a major industrial employment center, filling a critical healthcare gap with the nearest competing urgent care located approximately 20 miles away. The building is fully built out for medical use and features 10 exam rooms, triage rooms, an Xray suite, lab and nursing station, drug screening room, and four private physician offices each with its own restroom, along with additional administrative space including a conference room, breakroom, and storage area. The facility offers an ideal platform for urgent care operators, occupational medicine providers, physician groups, or healthcare investors seeking a turnkey medical asset in a market with limited competition and consistent workforce demand. The property is located at 1423 Palmetto Road in Verona, MS, just three minutes from Verona’s Industrial Park and five minutes from the intersection of Highway 278 and Highway 45, giving it quick access to the main traffic corridors in the area. It sits only ten minutes from North Mississippi Medical Center in Tupelo, the largest non national hospital in the country, and benefits from average daily traffic counts of approximately 11,000 vehicles, providing strong visibility and convenient access for patients coming from Verona and the surrounding communities.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

Commercial

APN/PARCEL ID

119A-30-001-00

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.