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    0.57 Acre Lot In Covington Collins, MS 39428

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    For Sale
    Contact for pricing

    0.57-acre lot, ideal commercial build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.57-acre commercial lot presents a remarkable investment opportunity in Collins, Mississippi. Strategically located just off Highway 49, this property boasts convenient access and proximity to a variety of restaurants, ensuring high visibility and accessibility for any future development. The lot's size offers ample space for a range of commercial ventures, from small retail spaces to larger-scale projects. Its flat, buildable terrain simplifies construction, minimizing potential site preparation costs and expediting the development process. The location within Covington County, Mississippi, provides access to a growing community and a strong local economy. This property is particularly attractive for investors seeking to expand their rental portfolios or establish a new commercial presence in a thriving area. The asking price of $15,000 represents exceptional value for a commercial lot of this size and location. Furthermore, the seller indicates that additional lots are available, presenting an opportunity for larger-scale development or strategic land acquisition. This is a rare chance to secure a prime commercial property in a desirable location at an attractive price point. Don't miss this opportunity to capitalize on the potential of this exceptional commercial land.

    Property Features for 0 0.57 Acre Lot In Covington

    General Information

    Property type
    Land
    Lot Size
    24,829 SF

    HighLights

    • $15,000 asking price for a commercial land parcel.
    • 0.57‑acre lot located in Covington County, Mississippi.
    • Convenient street access and proximity to Highway 49 in Collins, MS, near restaurants.
    • Suitable for residential development or as a rental property investment.
    • Additional lots available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collins
    County
    Covington
    State
    Mississippi
    Longitude
    -89.5564861
    Latitude
    31.6296335

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    FAQs

    What type of property is this?
    Land - 0.57-acre lot, ideal commercial build
    Where is this land located?
    The property is located at 0.57 Acre Lot In Covington Collins, MS.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: $15,000 asking price for a commercial land parcel.; 0.57-acre lot located in Covington County, Mississippi.; Convenient street access and proximity to Highway 49 in Collins, MS, near restaurants.
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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
    0.57 Acre Lot In Covington Collins, MS 39428
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