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    218 Frostland Dr Water Valley, MS 38965

    For Sale
    $889,000

    Commercial - Water Valley, MS

    Property size:
    9,502 SF
    Lot size:
    1.56 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 218 Frostland Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    85
    Exterior features
    Freestanding Sign
    Size
    9,502 SF
    Lot size
    1.56 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2002
    Building materials
    Brick
    Architectural style
    Other

    McMinn Realty & Land Co., LLC (662) 816-8204

    Listing agent Lee McMinn (662) 473-0535

    Listing date Sep 8, 2025

    MLS# 160095 Listing URL

    Copyright © 2025 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Event Space Near Oxford

    This 9,502 sq ft commercial property is located on 1.56 acres, situated minutes from Water Valley and 18 minutes from Oxford. Currently used as an event space, this versatile property suits various uses. It includes three restrooms, prep areas, laundry facilities, industrial sinks, stovetops, ovens, and ample storage. The property is equipped with 3 phase electricity. The sale encompasses all operational items, with some personal property negotiable. Additionally, the property offers a potential unfinished, plumbed, and wired living quarters upstairs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fountain Square Event ... Event Venue Yalobusha General Hospital General Hospital

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Auto Parts Store Hotel & Motel Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Water Valley
    County
    Yalobusha
    State
    Mississippi
    Longitude
    -89.643359
    Latitude
    34.134084

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    FAQs

    What type of property is this?
    Wedding venue - 9,502 sq ft commercial property on 1.56 acres.
    Where is this wedding venue located?
    The property is located at 218 Frostland Dr Water Valley, MS.
    What is the asking price?
    The asking price for this property is $889,000.
    What are key features of this property?
    This property features: - Large 9,502 sq ft commercial property on 1.56 acres suitable for various uses.; - Includes all operational items in the sale.; - Convenient location minutes from Water Valley and 18 minutes from Oxford.
    (662) 473-0535
    Request Owner's contact information
    218 Frostland Dr Water Valley, MS 38965
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    Water Valley, MS 38965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 Frostland Dr Water Valley, MS 38965
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