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    Lot 16 Way Lucedale, MS 39452

    • Land
    • 1.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Lot 16 Way

    Lot size
    1.76 lot acres
    Property type
    Land

    Description

    This exceptional 1.76-acre commercial land parcel presents a unique investment opportunity in the desirable Lucedale, Mississippi area. Situated in a new subdivision on Highway 63, this property boasts stunning lakefront access and picturesque lake views. The lot is part of a meticulously planned community featuring restrictive covenants designed to preserve the natural beauty and enhance the long-term value of all properties within the development. The upscale, private setting offers a tranquil escape while remaining conveniently located. This particular lot, identified as Lot 16 Gracie's Way, is priced at $60,208. The development offers a variety of lot sizes and views, ensuring a selection to suit diverse needs and preferences. Buyers will appreciate the peace of mind provided by the community's commitment to maintaining high standards and preserving its exclusive character. This is an ideal location for those seeking to build in a prestigious, lakeside community with exceptional views and a strong sense of community. The property is located in George County, Mississippi, with the address listed as Lot 16 Gracie's Way, Lucedale, MS 39452. The geographic coordinates are 30.854138 latitude and -88.6100266 longitude. Don't miss this chance to acquire a prime piece of commercial land in a rapidly developing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lucedale
    County
    George
    State
    Mississippi
    Longitude
    -88.61
    Latitude
    30.8541

    Comparable in this City

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      Land • 1.50 Acres
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      4.43 Acres

      4.43 Acres Cowart St

      Land • 4.43 Acres
      0 4.43 Acres Cowart St, Lucedale, MS 39452
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    Lot 16 Way
    Lucedale, MS 39452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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