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    OFF-MARKET
    Land

    686 Graysport Crossing Rd, Gore Springs, MS 38929

    8.61 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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