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107 N Lee Dr Guntown, MS $ 399,000
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$ 399,000 Get more info
107 N Lee Dr
$ 399,000
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Share Save

107 N Lee Dr

Guntown, MS, 38849
$ 399,000
Bedrooms-- Baths-- Sq 8,200

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Guntown, MS

for $399,000. This 8,200 square foot building was built on a lot size of 1.

Dollar General - Guntown, MS. Brand new roof with 20-year warranty just installed March 2025! Investment opportunity being offered at $399,000, with a cap rate of 7.9percent. The 8,200 square foot+/- property is situated on 1.00 acre+/-, built in 2002. Dollar General extended their lease through 11/30/2027, and currently pays $2,620 per month, plus an additional $150 is paid each month to the owner for parking lot maintenance. This established DG has two five-year extension options remaining, each with a rent increase. Property taxes and insurance are paid by tenant. Maintenance duties are shared between landlord and tenant. Great metal building with visibility from Highway 45! Located in thriving Lee County, and just 11 miles north of Tupelo.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 9,713

Style

Lot Size

1

Town/City

Guntown

County/Region

Lee

MLS | Web ID

25977
Features
General
Heating Central
Cooling Central Air
Zoning C-1
Tax Year 2025
County Lee
Property Type Commercial Sale
Garage Y/N N
Status Active
City Guntown
MLS Area 10 - Other Mississippi Areas
Lot Size Units Acres
Lot Size Square Feet 43560.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9713.45
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 10 - Other Mississippi Areas
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Size Area 1.0
Spa N
Building Area Total 8200.0
Lot Dimensions 1.00 acre +/-
Lot Size Acres 1.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 107
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* Excluded Features
List By
Farmer Commercial Properties

Broker

Affordability Calculator

$3,299
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3466295 Elementary School
3466296 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/18/2025$399,000 -11.16% Price Down
5/13/2025$449,142 Listed Price

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107 N Lee Dr, Guntown, MS, 38849 is a Commercial Property for sale at $399,000 with 8,200 sqft and a lot size of 1. The property's zip code is 38849 which is in Guntown, MS

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