5 Gemma Dr Lucedale, MS 39452
This exceptional 2.04-acre commercial lot is situated in a stunning new subdivision on Highway 63 in Lucedale, Mississippi. Boasting prime lakefront positioning, this property offers breathtaking views and the tranquility of upscale, lakeside living. The lot is part of a development with restrictive covenants designed to protect and enhance the beauty and value of the community. The location provides easy access to Highway 63, ensuring convenient connectivity. This is a rare opportunity to acquire a substantial parcel of land in a desirable location, perfect for a variety of commercial ventures. The property's size and lakefront location make it ideal for businesses seeking a unique and attractive setting. With most lots in the subdivision enjoying direct water access, this property presents a compelling investment opportunity for those seeking a high-value, aesthetically pleasing location for their commercial project. The address is Lot 5 Gemma Drive, Lucedale, MS 39452, and the asking price is $68,832. This is a must-see for discerning buyers looking to establish a presence in a beautiful and well-maintained community. The property is zoned for commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.