88 Joan Dr Ellisville, MS 39437
This exceptional 1.51-acre commercial lot is situated in a desirable location south of Ellisville, Mississippi, off Highway 11. The property is part of Phase III of an exclusive subdivision, offering paved roads, a beautiful entrance, and a homeowner's association. Conveniently located just four miles from Jones County Junior College (JCJC) and two miles from Howard Industries, this lot presents a strategic opportunity for businesses needing access to a skilled workforce and established infrastructure. The property is serviced by underground electricity and CSpire fiber optic internet and TV are now available. While a septic system will be required, the community water system is in place. The lot size falls within the 1-2 acre range offered in this development, and the property is subject to HOA covenants. Owner financing is available, making this an attractive investment opportunity for developers and businesses alike. This location provides easy access to both Laurel and Hattiesburg, offering a strong potential for commercial growth and development. The well-maintained subdivision and modern amenities make this a highly sought-after location for commercial ventures. This is a rare opportunity to acquire a prime commercial lot in a thriving area of Mississippi.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.