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Property profile & analytics
OFF-MARKET
Land

0 Highway 589 Purvis, MS 39475

4.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.61-acre commercial land parcel presents a unique investment opportunity in Purvis, Mississippi. Strategically located on Highway 589, this property boasts 240 feet of highway frontage, experiencing a daily traffic volume of 4,800 vehicles. Its proximity to Interstate 59 (just 0.6 miles away) ensures excellent visibility and accessibility for any commercial venture. All utilities are conveniently located adjacent to the property, simplifying development and reducing infrastructure costs. The asking price is $603,000, translating to $130,803 per acre. This represents a compelling value proposition for developers seeking a prime location with high traffic counts. The seller is open to considering build-to-suit options, offering flexibility and potential customization for prospective buyers. This property's combination of location, size, and utility access makes it ideal for a wide range of commercial developments. The list price per square foot is $3.00. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is situated in Lamar County, Mississippi, with the zip code 39475.

Property profile
Verified
Property type Land
Lot 4.61 ac (200,812 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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