575 Simpson Highway 28 Pinola, MS 39149
This exceptional 20-acre property in Pinola, Mississippi, presents a unique investment opportunity. Located on Highway 28 West in Simpson County (zip code 39149), this versatile land boasts significant highway frontage, ensuring high visibility and accessibility. The property includes two existing structures, previously used for educational purposes, offering substantial indoor space adaptable to various uses. Imagine transforming these buildings into a community center, training facility, or even a residential complex. The land itself is a blend of 13 acres of wooded area and 7 acres of open fields, providing ample space for development. Existing power and water connections are already in place, minimizing setup costs and time. This location is ideal for businesses seeking high traffic exposure or developers looking for a prime site. The asking price is $265,000. There is also the potential to acquire two additional residential buildings situated on an adjacent 7-acre parcel. This property offers limitless potential for commercial, residential, recreational, or educational ventures, making it a rare find in Simpson County. Its strategic location and existing infrastructure make it an attractive investment for those seeking high returns and diverse development options.
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.