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    Tract 2 Coulter Cv New Albany, MS 38652

    Sponsored
    For Sale
    $516,000

    1.18 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.18-acre commercial land parcel presents a remarkable investment opportunity in New Albany, Mississippi. Located in a high-traffic area with excellent visibility, this property boasts convenient access to Interstate 22, ensuring seamless connectivity for businesses and customers alike. Its strategic position near established businesses such as Cracker Barrel, Wendy's, Walgreens, and the Hampton Inn guarantees high foot traffic and brand recognition. The property's zoning allows for a variety of commercial uses, making it suitable for a wide range of businesses seeking a prime location. The asking price is $516,000. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area. Adjacent parcels, identified as Tract 1 and Tract 4, are also available for purchase, presenting the possibility of acquiring a larger contiguous land holding. The property is situated in Union County, Mississippi, with a zip code of 38652, and its precise coordinates are 34.4994107 latitude and -89.0309575 longitude. This prime location offers significant potential for growth and return on investment. Don't miss this chance to secure a piece of New Albany's vibrant commercial landscape.

    Property Features for Tract 2 Coulter Cv

    General Information

    Property type
    Land
    Lot Size
    51,401 SF

    HighLights

    • 1.18‑acre commercial land parcel in New Albany, MS, priced at $516,000.
    • High‑traffic location with excellent visibility and I‑22 access.
    • Zoned for a variety of commercial uses.
    • Situated near established businesses (Cracker Barrel, Wendy's, Walgreens, Hampton Inn).
    • Adjacent parcels (Tract 1 & 4) also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Hair Salon Clothing Store Hotel & Motel Auto Parts Store HVAC Service Electronics Store Women's Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Union
    State
    Mississippi
    Longitude
    -89.0309575
    Latitude
    34.4994107

    Nearby Comparable

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      1.6 acre corner lot suitable for office or medical facility.
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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.18 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Tract 2 Coulter Cv New Albany, MS.
    What is the asking price?
    The asking price for this property is $516,000.
    What are key features of this property?
    This property features: 1.18-acre commercial land parcel in New Albany, MS, priced at $516,000.; High-traffic location with excellent visibility and I-22 access.; Zoned for a variety of commercial uses.
    Request Owner's contact information
    Tract 2 Coulter Cv New Albany, MS 38652
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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
    Tract 2 Coulter Cv New Albany, MS 38652
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