16 Ac Hwy Leakesville, MS 39452
This exceptional 16-acre commercial land parcel is strategically located on Highway 198, offering convenient access to downtown Lucedale, Mississippi. Zoned for commercial development, this property presents a unique opportunity for investors and developers seeking a substantial land holding in a growing area. The expansive acreage allows for a wide range of development possibilities, from retail and industrial projects to multi-family housing or other commercial ventures. The property's proximity to the town center ensures high visibility and accessibility, making it an attractive location for businesses seeking a strong presence in the community. The asking price is $220,000. Detailed site plans and zoning information are available upon request. Importantly, the property has a restriction prohibiting mobile homes. This ensures the development maintains a consistent and high-quality aesthetic. Located in George County, Mississippi, with a zip code of 39452, this property boasts a prime location with coordinates 31.0245934 latitude and -88.7134321 longitude. Serious inquiries only.
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.