Technical
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Property profile

0 Goodluck Rd Petal, MS 39465

OFF-MARKET
Land
6.53 ac lot
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Property summary

AI-generated overview

This exceptional 6.53-acre commercial land parcel presents a unique investment opportunity in Petal, Mississippi. Located on Goodluck Rd, in Forrest County, zip code 39465 (31.3280628, -89.1631083), this property offers significant potential for various commercial ventures. The asking price is $100,750. The property is zoned for commercial use, providing flexibility for development. While ideal for a range of commercial projects, prospective buyers should be aware of existing covenants. These covenants mandate a minimum of 1800 square feet under roof for any structure built on the land. Furthermore, mobile, modular, or prefab homes are prohibited. Subdivision of lots is restricted to a minimum of 2 acres per lot. Any secondary dwelling, such as a guest house, cannot exceed 50% of the main dwelling's size or 1000 square feet, whichever is less. This property's size and location in Petal, MS, make it an attractive proposition for businesses seeking a prominent presence in a growing community. Serious inquiries are encouraged to explore the possibilities this land offers. Detailed information regarding zoning regulations and building codes is readily available from the relevant authorities. This is a chance to acquire a substantial piece of commercial real estate with significant upside potential.

Property profile

Verified
Property type Land
Lot 6.53 ac (284,447 SF)

Cap rate & NOI

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

Location

Goodluck Rd Petal, MS 39465
Petal metro
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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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