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    Scarbrough St Richland, MS 39218

    Sponsored
    For Sale
    $223,027

    Prime Commercial Land, Richland, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.28-acre commercial land parcel presents a unique investment opportunity in the thriving city of Richland, Mississippi. Strategically located at the corner of Scarbrough Street and Scarbrough Circle, this property enjoys high visibility and convenient access to key transportation arteries. Its proximity to Highway 49 ensures seamless connectivity to the broader region, while its location near the Richland Town Center provides immediate access to a vibrant hub of retail and dining establishments. The property's "COM" zoning designation opens the door to a wide range of commercial development possibilities, catering to diverse business needs. The expansive lot size offers ample space for construction, allowing for flexibility in design and functionality. Furthermore, this property's location within an Opportunity Zone presents significant tax advantages for qualified investors, enhancing its overall appeal and potential return on investment. This is a rare opportunity to acquire a well-situated commercial land parcel in a rapidly growing area of Mississippi. The property's prime location and zoning make it ideal for a variety of commercial ventures. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The address is Scarbrough St, Richland, MS 39218.

    Property Features for 0 Scarbrough St

    General Information

    Property type
    Land
    Lot Size
    55,757 SF

    HighLights

    • $223,027 asking price.
    • 1.28‑acre commercial land parcel.
    • Located in Richland, MS, in Rankin County, zip code 39218.
    • COM zoning.
    • Conveniently located near Richland Town Center and Highway 49, with close proximity to retail and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richland
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1579872
    Latitude
    32.2139154

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Richland, MS
    Where is this land located?
    The property is located at Scarbrough St Richland, MS.
    What is the asking price?
    The asking price for this property is $223,027.
    What are key features of this property?
    This property features: $223,027 asking price.; 1.28-acre commercial land parcel.; Located in Richland, MS, in Rankin County, zip code 39218.
    (769) 300-4241
    Request Owner's contact information
    Scarbrough St Richland, MS 39218
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    Richland, MS 39218
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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
    Scarbrough St Richland, MS 39218
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