23 Garret Ln Ellisville, MS 39437
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.