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Property profile & analytics
OFF-MARKET
Land

0 Evelyn Gandy Pkwy Petal, MS 39401

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.51-acre commercial land parcel in Petal, Mississippi, presents a unique investment opportunity. Strategically located on Evelyn Gandy Parkway in Forrest County, zip code 39401, this property boasts high visibility between FedEx and the former Leaf River Sports location. Originally encompassing 10 acres, a 0.45-acre portion on the east property line was previously sold, leaving the current 4.51 acres available. The property offers a 30.02-foot width and extends in length, with secured access rights to a planned frontage road connecting FedEx to the property's east corner. This planned road significantly enhances accessibility and visibility. The land is priced at $983,000, translating to $217,960 per acre. Development options are flexible, accommodating sale, lease, or build-to-suit arrangements. The property is also divisible, allowing for tailored acquisitions to meet specific needs. While a portion was sold in November 2022, the remaining land presents a compelling opportunity for immediate development or future investment. The list price per square foot is $5.00. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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