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2 Graysport Crossing Rd Gore Springs, MS 38929

OFF-MARKET Land Google Maps
1.98 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.98-acre commercial lot, situated at 2 Graysport Crossing Rd in Gore Springs, Mississippi, presents a unique investment opportunity. Located in the Ironwood Subdivision, this property boasts convenient access to Grenada Lake, the town of Grenada, Dogwoods Golf Course, and Grenada Lake State Park, all within minutes. The land offers easy access to Hwy 8, providing a balance of rural tranquility and proximity to urban amenities. The town of Grenada provides a full range of shopping and services, including grocery stores, clothing retailers, hardware stores, lumber yards, and farm supply outlets. The lot itself is ready for development, with completed dirt work and city water and Entergy Electric readily available. Zoned for residential use only, the property requires site-built dwellings of at least 1250 square feet of heated space. Mobile homes, campers, and RVs used as residences are prohibited within Lots 1 through 12 of the subdivision. Detailed directions are available: From I-55 Grenada Exit 206, travel east on Hwy 8 for 14 miles to the Gore Springs community (marked by a yellow caution light). Turn left onto Graysport Crossing Rd and proceed 7/10 of a mile

Property profile

Verified
Property type Land
Lot 1.98 ac (86,249 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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