18159 Highway 15 Decatur, MS 39327
- Land
- 6.40 lot acres
Current Use by Public Records
- Land
Property Details for 18159 Highway 15
- Lot size
- 6.40 lot acres
- Property type
- Land
Description
This exceptional 6.4-acre commercial property in Newton County, Mississippi, presents a unique investment opportunity. Located on Highway 15, just two miles north of Decatur, the land boasts a 3,200 square foot house featuring four bedrooms and two and a half bathrooms. The property includes a sunroom and a custom outdoor kitchen complete with a gas grill, stove, custom wood cabinets, and a wood-burning stone fireplace. Additional improvements include a two-car garage, a detached two-car carport, and a substantial 40'x60' shop with stained concrete floors, cedar cabinets, a full bathroom, and a dedicated tool room. Modern conveniences such as central heat and air, a tankless water heater, and Wi-Fi are already installed. The property also benefits from a private water well, eliminating water bills. Adding to its income potential, two rental properties situated on the rear of the land generate approximately $1,500 in monthly rental income. Mature oak trees enhance the aesthetic appeal of this expansive property, offering a blend of residential comfort and significant commercial potential. The property's strategic location and diverse features make it an attractive investment for a variety of commercial ventures. The asking price is $550,000. The property's zip code is 39327.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Newton
- State
- Mississippi
- Longitude
- -89.1333
- Latitude
- 32.4975
