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    44 Crk 772 Walnut, MS 38683

    For Sale
    $380,000

    17.74 Acres, 4 Buildings, Great Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 44 CR 772 in Walnut, Mississippi, encompasses 17.74 acres and features four distinct buildings, presenting a unique investment opportunity. The property includes a single-family home boasting two bedrooms and one bathroom, ideal for on-site management or rental income. A substantial church building provides ample space for various uses, potentially adaptable for community gatherings or commercial ventures. A dedicated dorm building offers sizable family-sized bedrooms, catering to a range of needs, while a second dorm area situated above a gymnasium provides multiple spaces for twin beds. The modern gymnasium itself is equipped with a large kitchen and substantial storage areas, perfect for pantry and clothing storage. Both the gym and the new dorm building feature multiple-stall bathrooms for added convenience. Additional bathrooms are located throughout the property. This versatile property offers significant potential for diverse commercial applications, with its expansive acreage and multiple structures providing flexibility for various business models or expansion opportunities. The combination of residential, community, and recreational spaces makes this a truly unique and attractive investment. All information is believed to be accurate but is not warranted.

    Property Features for 44 Crk 772

    General Information

    Property type
    Other commercial real estate
    Lot Size
    772,754 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walnut
    County
    Alcorn
    State
    Mississippi
    Longitude
    -88.81264
    Latitude
    34.99281

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    FAQs

    What type of property is this?
    Commercial real estate - 17.74 Acres, 4 Buildings, Great Potential
    Where is this commercial real estate located?
    The property is located at 44 Crk 772 Walnut, MS.
    What is the asking price?
    The asking price for this property is $380,000.
    (662) 680-9355
    Request Owner's contact information
    44 Crk 772 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
    44 Crk 772 Walnut, MS 38683
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