Property profile

15 Ac Hwy Lucedale, MS 39452

OFF-MARKET
Retail properties & Spaces
14,000 SF 15.21 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity encompasses 15.2 acres of prime commercial real estate situated on Highway 98 in Lucedale, Mississippi, zip code 39452. The property boasts over 750 feet of highway frontage, placing it at the heart of thriving commercial activity. The offering includes five buildings totaling 14,000 square feet, presenting a diverse range of possibilities. Two buildings are currently leased and operational as established businesses. One building, included in the sale, comes equipped with some existing equipment and features a one-bedroom apartment. Approximately four acres are currently utilized by these businesses, leaving approximately eleven acres available for future development or expansion. The property's strategic location is complemented by its proximity to a diverse range of established businesses, including a truck stop, hotel, trailer manufacturing plant, trucking company, garden center, and a Dollar General. The asking price is $1,500,000, translating to $107.14 per square foot. This rare investment opportunity is ideal for those seeking significant growth potential in a high-traffic location. The property's size and existing infrastructure provide a solid foundation for immediate income generation and future expansion. Don't miss this chance to acquire a substantial piece of Lucedale's commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 14,000 SF
Lot 15.21 ac (662,548 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 Ac Hwy Lucedale, MS 39452
Lucedale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 Ac Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message