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    3073 Park Drive Ext McComb, MS 39648

    For Sale
    $2,670,000

    Prime I-55 Commercial Land, Mississippi

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 122-acre commercial land parcel in McComb, Mississippi, presents a unique investment opportunity. Strategically located near the Delaware exit on I-55, this property boasts convenient access via Oliver Emmerich Drive and Park Drive Ext., the latter bridging over I-55. The site offers approximately half a mile of frontage along I-55, with an average daily traffic count of 26,000 vehicles, and approximately 2,600 feet of frontage along Park Drive Ext., with an average daily traffic count of 2,200 vehicles. Zoned for Special Mixed Land Use (SMU), the property is suitable for a wide range of commercial developments, including retail, office, and service uses along the interstate. It also allows for both high and low-density residential development, particularly along the Little Tangipahoa River. The asking price is $2,670,000, or $21,812 per acre. Utilities include City of McComb public works for water and sewer, Entergy for electricity, and Center Point Energy for natural gas. Note that approximately 27 acres fall within the floodway and floodplain of the Little Tangipahoa River. This property is situated within an Opportunity Zone and is located 80 miles south of Jackson, MS, and 100 miles north of New Orleans, LA. This is a rare opportunity to acquire a large, well-located tract of land with significant development potential.

    Property Features for 3073 Park Drive Ext

    General Information

    Property type
    Land
    Lot Size
    5,314,320 SF

    HighLights

    • Opportunity Zone designation.
    • Special Mixed Use (SMU) zoning.
    • City of McComb public water.
    • City of McComb public sewer.
    • Entergy electricity.
    • CenterPoint Energy natural gas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    McComb
    County
    Pike
    State
    Mississippi
    Longitude
    -90.4781061
    Latitude
    31.2396513

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    FAQs

    What type of property is this?
    Land - Prime I-55 Commercial Land, Mississippi
    Where is this land located?
    The property is located at 3073 Park Drive Ext McComb, MS.
    What is the asking price?
    The asking price for this property is $2,670,000.
    What are key features of this property?
    This property features: Opportunity Zone designation.; Special Mixed Use (SMU) zoning.; City of McComb public water.
    (601) 420-8080
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    3073 Park Drive Ext McComb, MS 39648
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    McComb, MS 39648
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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
    3073 Park Drive Ext McComb, MS 39648
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