24 Gracies Way Lucedale, MS 39452
Prime commercial land opportunity awaits in Lucedale, Mississippi. This 1.69-acre lot, located at Lot 24 Gracies Way, 39452, presents a unique chance to develop in a desirable lakeside setting. Situated within a new subdivision on Highway 63, this property boasts stunning lake views, with most lots offering direct waterfront access. The subdivision features restrictive covenants designed to protect the aesthetic appeal and property values, ensuring a high-quality, upscale environment for future development. The lot's location provides easy access to Highway 63, offering excellent visibility and convenient transportation links. This is an exceptional investment opportunity for those seeking to build in a private, beautiful, and well-maintained lakeside community. The property is priced competitively at $61,770, making it an attractive proposition for developers and investors alike. Detailed information and site visits are available upon request. Don't miss this chance to secure a piece of this exceptional lakeside development. This property is located in George County, Mississippi.
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
Similar Nearby for Sale
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.