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686 Graysport Crossing Rd Gore Springs, MS 38929

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

Property summary

AI-generated overview

This exceptional 8.61-acre commercial and recreational land parcel presents a unique investment opportunity in the desirable Gore Springs community of Grenada County, Mississippi. Located just minutes from Grenada Lake, the town of Grenada, Dogwoods Golf Course, and Grenada Lake State Park, this property offers unparalleled access to outdoor recreation and convenient amenities. Grenada Lake boasts world-class fishing, boating, and waterskiing, while the town of Grenada provides a full range of shopping and services, including grocery stores, clothing boutiques, hardware stores, lumber yards, and farm supply outlets. Situated in the quiet Ironwood Subdivision, this lot (Lot 11) is less than a mile from Highway 8, striking a balance between rural tranquility and urban accessibility. The property is conveniently served by city water and Entergy Electric, and site preparation is complete, making it home site ready. The land is zoned for residential use only, with a minimum heated square footage requirement of 1250 square feet for site-built dwellings. Mobile homes, campers, and RVs used as residences are prohibited on Lots 1 through 12. The property's address is 686 Graysport Crossing Rd, Gore Springs, MS 38929. Directions from I-55 Grenada Exit 206 are clearly defined. This is a prime location for building a substantial residence or developing a unique commercial venture. The asking price is $87,900.

Property profile

Verified
Property type Land
Lot 8.61 ac (375,052 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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