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    0.5 Acre Lot In Covington Collins, MS 39428

    For Sale
    Contact for pricing

    Prime 0.5-acre lot, ideal commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.5-acre commercial lot presents a remarkable investment opportunity in Covington County, Mississippi. Situated in Collins, MS, with convenient access to Highway 49, this property boasts easy street access, making it highly suitable for various commercial ventures. Its location near numerous restaurants adds to its appeal and potential for attracting customers. The lot's size provides ample space for constructing a new building, potentially a retail space, small office, or other commercial structure. The strategic location offers excellent visibility and accessibility, crucial factors for commercial success. This property is particularly attractive for investors seeking to expand their rental property portfolio or establish a new business in a thriving area. The asking price of $7,500 represents a compelling value for this strategically located parcel. Furthermore, the availability of additional lots in the vicinity presents an opportunity for larger-scale development or future expansion. The property is located at a specific address in Collins, Mississippi, zip code 39428, with GPS coordinates 31.6296335 latitude and -89.5564861 longitude. This prime commercial land is ready for immediate development.

    Property Features for 0 0.5 Acre Lot In Covington

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre commercial lot in Collins, MS, priced at $7,500.
    • Excellent street access via Highway 49.
    • Ample space for new commercial construction (retail, office, etc.).
    • High visibility and accessibility near restaurants.
    • Potential for expansion with additional nearby lots.
    • Located in Collins, MS 39428 (31.6296335, -89.5564861).
    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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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 0.5-acre lot, ideal commercial development.
    Where is this land located?
    The property is located at 0.5 Acre Lot In Covington Collins, MS.
    What is the asking price?
    The asking price for this property is $7,500.
    What are key features of this property?
    This property features: 0.5-acre commercial lot in Collins, MS, priced at $7,500.; Excellent street access via Highway 49.; Ample space for new commercial construction (retail, office, etc.).
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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
    0.5 Acre Lot In Covington Collins, MS 39428
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