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Property profile & analytics
OFF-MARKET
Land

12120 Old Hwy Lucedale, MS 39452

Property ID
Property summary
AI-generated overview

This exceptional 0.75-acre commercial land parcel presents a prime investment opportunity in Lucedale, Mississippi. Located at 12120 Old Highway 63, this property boasts unparalleled visibility and frontage on Old Highway 63, directly in front of the thriving Lucedale Marketplace Shopping Center. The site benefits from its strategic position amongst established national tenants, including Goodwill, Little Caesars, Subway, Dollar Tree, Shoe Show, and Waffle House, ensuring high traffic and consumer exposure. The property is zoned C-2 Highway Commercial, allowing for a wide range of development possibilities. This location offers significant potential for businesses seeking high visibility and convenient access to a substantial customer base. The asking price is $490,000. The owner is also open to considering ground lease offers, providing flexibility for potential investors. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area. The property is situated in George County, Mississippi, with a zip code of 39452. Its coordinates are 30.90926740873466 latitude and -88.59767627021826 longitude.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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