15186 Highway 613 Lucedale, MS 39452
This exceptional 1.5-acre commercial property, located at 15186 Highway 613 in Lucedale, Mississippi (zip code 39452), presents a unique investment opportunity. The lot boasts a generous size, ideal for a variety of commercial ventures. The land features several mature pecan trees, a live oak, and established azaleas and other ornamental landscaping. Its corner lot location offers excellent visibility and accessibility. The property includes an existing structure, built in 1945, with a living area of approximately 1370 square feet. While the structure requires significant renovation, the roof appears to be relatively recent, and some renovation work was underway approximately one year prior to listing. This property is perfect for developers seeking to build multiple homes, create a large estate, or undertake a substantial renovation project. The property's size (1.46 acres, according to the seller) and location in George County offer considerable potential for future growth and development. 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.