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Property profile & analytics
OFF-MARKET
Commercial real estate

Magnolia Dr Wiggins, MS 39577

378,972 SF 8.7 ac lot Built 1800
Property ID
Property summary
AI-generated overview

This exceptional 8.7-acre commercial property presents a remarkable investment opportunity in the rapidly growing city of Wiggins, Mississippi. Boasting a highly desirable C-3 zoning, this expansive lot offers unparalleled visibility and accessibility, situated on two heavily trafficked streets: South Magnolia Drive and West Flora Gene Avenue. Its strategic location near a Walmart supercenter ensures high foot traffic and convenient access for potential businesses. The property's significant size (378,972 square feet) allows for a wide range of development possibilities, including retail spaces, large-format stores, hotels, restaurants, financial institutions, fitness centers, and more. The ongoing expansion of the Wiggins area, coupled with the proximity to a newly constructed high school less than a mile away, further enhances the property's long-term value and potential for significant returns. A paved entrance on South Magnolia Drive provides convenient access for property inspections. This is an exceptional opportunity to secure a prime commercial parcel in a thriving Mississippi community. All information should be independently verified by the buyer.

Property profile
Verified
Property type Commercial real estate
Year built 1800
Total area 378,972 SF
Lot 8.7 ac (378,972 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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