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Property profile & analytics
OFF-MARKET
Land

23 Garret Ln Ellisville, MS 39437

2.48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.48-acre commercial lot is situated in a desirable Ellisville, Mississippi location, specifically at 23 Garret Ln, 39437. The property is part of Phase III of an exclusive subdivision, conveniently located four miles south of Ellisville off Highway 11, offering easy access to both Laurel and Hattiesburg for commuting. Its strategic position provides proximity to Jones County Junior College (JCJC), just four miles away, and a mere two miles from Howard Industries and the new GE plant. The lot boasts a beautiful entrance, paved streets, and is subject to HOA regulations and covenants. While a septic system is required, the property benefits from readily available underground electricity and CSpire fiber optic internet and television services. This presents a unique opportunity for businesses seeking a well-connected location with excellent infrastructure. The asking price for this remarkable property is $39,000, and owner financing is available, making it an attractive investment prospect. The property is zoned for commercial use and offers significant potential for various business ventures. Interested parties are encouraged to explore this exceptional opportunity to establish a presence in a thriving and strategically located area.

Property profile
Verified
Property type Land
Lot 2.48 ac (108,029 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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