15 Ac Hwy Lucedale, MS 39452
- Retail properties
- 14,000 SF
- 15.21 lot acres
Current Use by Public Records
- Retail properties
Property Details for 15 Ac Hwy
- Lot size
- 15.21 lot acres
- Property size
- 14,000 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lucedale
- County
- Greene
- State
- Mississippi
- Longitude
- -88.6408
- Latitude
- 30.9608
