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    78 Priscilla Ln Tupelo, MS 38804

    For Sale
    $450,000

    Prime Tupelo land, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional development opportunity encompasses nearly 25 acres of land situated on Highway 78 in Tupelo, Mississippi, offering unparalleled visibility and convenient access via the Auburn Road exit. The property consists of three contiguous parcels totaling approximately 24.67 acres. The largest parcel measures 14.72 acres, while two adjacent parcels add 4.0 and 5.95 acres respectively. The asking price for the entire assemblage is $450,000. Individual parcel pricing is available upon request. The city of Tupelo has recently completed the extension of city water and sewer lines to these parcels, eliminating significant infrastructure hurdles and making them immediately suitable for a variety of commercial or industrial developments. The property is zoned for Low Density Residential use, presenting a versatile platform for various development projects. Located at 78 Priscilla Ln, Tupelo, MS 38804, in Lee County, this property presents a rare chance to acquire a substantial land holding in a thriving Mississippi community. The location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic location in the Tupelo area. Ownership is held by Eddie Carnathan & Etal.

    Property Features for 78 Priscilla Ln

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • 24.67‑acre development site in Tupelo, MS, on Highway 78 with excellent visibility.
    • Three contiguous parcels totaling 24.67 acres (14.72 acres, 4.0 acres, and 5.95 acres).
    • Asking price: $450,000; individual parcel pricing available.
    • City water and sewer lines recently extended to the property.
    • Low‑density residential zoning allows for versatile development options.
    • Located at 78 Priscilla Ln, Tupelo, MS 38804, in Lee County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.6398177
    Latitude
    34.2756366

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    FAQs

    What type of property is this?
    Land - Prime Tupelo land, ready for development.
    Where is this land located?
    The property is located at 78 Priscilla Ln Tupelo, MS.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 24.67-acre development site in Tupelo, MS, on Highway 78 with excellent visibility.; Three contiguous parcels totaling 24.67 acres (14.72 acres, 4.0 acres, and 5.95 acres).; Asking price: $450,000; individual parcel pricing available.
    (662) 620-2232
    Request Owner's contact information
    78 Priscilla Ln Tupelo, MS 38804
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    Tupelo, MS 38804
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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
    78 Priscilla Ln Tupelo, MS 38804
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