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Property profile & analytics
OFF-MARKET
Land

242 Stancel Ln Ruleville, MS 38771

10.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.3-acre property in Ruleville, Mississippi, presents a unique investment opportunity combining commercial, farm, and timber potential. The property features a substantial 3,000 square foot four-bedroom, three-bathroom home. The primary bedroom boasts vaulted ceilings, a jacuzzi tub, walk-in shower, and walk-in closet. Two additional bathrooms have been recently renovated with walk-in tile showers. The home's open floor plan seamlessly connects the living room, kitchen, and dining area, leading to a covered patio overlooking a 3-acre stocked fishing pond. The pond includes a concrete boat ramp and is populated with bass, bream, and crappie. A 30x40 metal shop provides ample storage for equipment or recreational vehicles. Located at 242 Stancel Ln, Ruleville, MS 38771, this property offers a tranquil country setting with the added benefit of additional acreage availability. The asking price is $400,000. This versatile property is ideal for those seeking a blend of residential comfort and diverse commercial possibilities. The property's location in Sunflower County provides easy access to local amenities while maintaining a peaceful, rural atmosphere.

Property profile
Verified
Property type Land
Lot 10.3 ac (448,668 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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