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    12101 South Lucedale, MS

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    For Sale
    $560,000

    Large retail space in high-traffic commercial area.

    Property size:
    40,200 SF
    Lot size:
    3.86 Acres

    Property Features for 12101 South

    General Information

    Size
    40,200 SF
    Lot size
    3.86 Acres

    Source: Gulf States Commercial Properties, LLC Agent Josh Blackledge, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lucedale Retail Opportunity For Sale

    This 40,200 square foot retail space is located in Lucedale's dense retail corridor. The property is book-ended by a local grocer and smaller local tenants. It has direct access from Old Highway 63 and is zoned C-2 (Highway Commercial). According to the listing, with local authority approval, an out-parcel of approximately 0.5 acres may be situated along Old Highway 63, allowing for an additional building of approximately 1,500 to 2,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lucedale
    County
    George
    State
    Mississippi
    Longitude
    -88.5900235
    Latitude
    30.9251869

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    FAQs

    What type of property is this?
    Retail space - Large retail space in high-traffic commercial area.
    Where is this retail space located?
    The property is located at 12101 South Lucedale, MS.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: - Located in Lucedale's dense retail corridor.; - Zoned C-2 (Highway Commercial).; - Direct access from Old Hwy 63.
    (601) 323-0157
    Request Owner's contact information
    12101 South Lucedale, MS
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    Lucedale, MS
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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
    12101 South Lucedale, MS
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