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    3420 Groveland Rd Ocean Springs, MS 39564

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    For Sale
    $695,000

    1.14 acre commercial lot near residential area.

    Property size:
    1 SF
    Lot size:
    1.14 Acres

    Property Features for 3420 Groveland Rd

    General Information

    Size
    1 SF
    Lot size
    1.14 Acres

    Source: Ricky Sutherland Agent Ricky Sutherland

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

    Overview

    Commercial Land Near New Development

    This 1.14-acre lot is located on Groveland Road, adjacent to a new Chick Fil A development and near a residential area. The property is currently on the agenda to be rezoned for commercial use, making it suitable for various commercial applications.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ocean Springs
    County
    Jackson
    State
    Mississippi
    Longitude
    -88.7750671
    Latitude
    30.4135209

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    FAQs

    What type of property is this?
    Land - 1.14 acre commercial lot near residential area.
    Where is this land located?
    The property is located at 3420 Groveland Rd Ocean Springs, MS.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Prime location adjoining new Chick Fil A development; - **1.14 acre lot suitable for commercial development**; - Fronts on Groveland near residential development
    (228) 217-0087
    Request Owner's contact information
    3420 Groveland Rd Ocean Springs, MS 39564
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    Ocean Springs, MS 39564
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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
    3420 Groveland Rd Ocean Springs, MS 39564
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