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Property profile & analytics
OFF-MARKET
Land

261 Merigold Rd Merigold, MS 38759

2.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.4-acre commercial land parcel presents a unique investment opportunity in Merigold, Mississippi. Located at 261 Merigold Road in Bolivar County, this property offers significant potential for various commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and construction. The address is conveniently situated within the 38759 zip code, offering easy access to local amenities and transportation routes. While previously associated with a residential property, the land itself is zoned for commercial use, making it ideal for businesses seeking a prominent location. The property's size and location make it suitable for a range of commercial projects, from retail spaces to light industrial uses. The existing infrastructure, including a recently constructed concrete driveway, provides a solid foundation for future development. This is a rare opportunity to acquire a substantial commercial lot in a growing area at an attractive price point of $220,000. Serious inquiries are encouraged to explore the possibilities this property offers. The property's location offers a blend of rural tranquility and convenient access to key transportation networks. This makes it an attractive option for businesses seeking a balance between a peaceful setting and efficient logistics.

Property profile
Verified
Property type Land
Lot 2.4 ac (104,544 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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