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    Magnolia Dr Wiggins, MS 39577

    For Sale
    $490,000

    Prime 8.7-Acre Commercial Tract

    Property size:
    378,972 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 8.7-acre commercial property presents a remarkable investment opportunity in the rapidly growing city of Wiggins, Mississippi. Boasting a highly desirable C-3 zoning, this expansive lot offers unparalleled visibility and accessibility, situated on two heavily trafficked streets: South Magnolia Drive and West Flora Gene Avenue. Its strategic location near a Walmart supercenter ensures high foot traffic and convenient access for potential businesses. The property's significant size (378,972 square feet) allows for a wide range of development possibilities, including retail spaces, large-format stores, hotels, restaurants, financial institutions, fitness centers, and more. The ongoing expansion of the Wiggins area, coupled with the proximity to a newly constructed high school less than a mile away, further enhances the property's long-term value and potential for significant returns. A paved entrance on South Magnolia Drive provides convenient access for property inspections. This is an exceptional opportunity to secure a prime commercial parcel in a thriving Mississippi community. All information should be independently verified by the buyer.

    Property Features for Magnolia Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    378,972 SF
    Lot Size
    378,972 SF

    Building Details

    Year Built
    1800
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wiggins
    County
    Stone
    State
    Mississippi
    Longitude
    -89.1384
    Latitude
    30.85786

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 8.7-Acre Commercial Tract
    Where is this commercial real estate located?
    The property is located at Magnolia Dr Wiggins, MS.
    What is the asking price?
    The asking price for this property is $490,000.
    (228) 861-5939
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    Magnolia Dr Wiggins, MS 39577
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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
    Magnolia Dr Wiggins, MS 39577
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