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    Lot #1 Ray Dr Walnut, MS 38683

    For Sale
    Contact for pricing

    Lot/Land - Walnut, MS

    Type:Single Family Residence
    Lot size:
    0.50 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for Lot #1 Ray Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.50 Acres

    Building Details

    Architectural style
    Other

    Rachel Ray Real Estate (662) 598-2023 [email protected]

    Listing agent Nicole Bullock (662) 598-2023 License #24104

    Listing date Oct 17, 2025

    MLS# 25-3651 Listing URL

    Copyright © 2025 Northeast Mississippi Board of 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

    Walnut, MS Half-Acre Lot

    This 0.5-acre lot is located within the city limits of Walnut, Mississippi. It has access to city water, gas, and sewer services. The property is a short drive from US 72, providing convenient access to Walnut, Corinth, and Collierville. This is Lot 1 of 3 available lots.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Walnut
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.894808
    Latitude
    34.940012

    Nearby Similar for Sale

    • $380,000
      17.74 Acres

      Multi-Building Commercial Property in Walnut, MS

      17.74 Acres, 4 Buildings, Great Potential
      44 Crk 772, Walnut, MS 38683
      View Details
    • $249,000
      23,522 SF

      Walnut Retail Center: Prime Location

      High-traffic retail space, great potential.
      70 Highway 354, Walnut, MS 38683
      View Details

    FAQs

    What type of property is this?
    Land - Half-acre lot with utilities available in Walnut, Mississippi.
    Where is this land located?
    The property is located at Lot #1 Ray Dr Walnut, MS.
    What is the asking price?
    The asking price for this property is $7,000.
    What are key features of this property?
    This property features: - City water, gas, and sewer available.; - 0.5 acre lot within Walnut city limits.; - Short drive to US 72 for easy access to Walnut, Corinth, and Collierville.
    (662) 598-2023
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    Lot #1 Ray Dr Walnut, MS 38683
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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
    Lot #1 Ray Dr Walnut, MS 38683
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