164 Joan Dr Ellisville, MS 39437
This exceptional 1.09-acre commercial lot is situated at 164 Joan Dr, Ellisville, Mississippi, 39437, offering a strategic location for businesses seeking proximity to Laurel and Hattiesburg. Part of Phase III of an exclusive subdivision, this property boasts a beautiful entrance and paved streets. The lot is conveniently located just four miles south of Ellisville off Highway 11, providing easy access to major transportation routes. Its proximity to Jones County Junior College (JCJC), Howard Industries, and the new GE plant makes it an ideal location for businesses catering to these entities and their employees. The subdivision features HOA regulations and underground electricity. While a septic system is required, the availability of CSpire fiber optic internet and TV adds significant value. Owner financing is available, making this an attractive opportunity for investors. The lot is part of a development with acreage ranging from one to two acres and community water access. This is a rare opportunity to secure a well-located commercial lot in a thriving area.
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.