0 Rd 397 Rd Kiln, MS 39556
This exceptional 5.21-acre commercial land parcel presents a unique investment opportunity in Kiln, Mississippi. Located in Hancock County, this property boasts convenient access, with paved road frontage on one side and a gravel road on the other. The land is situated near the back of Diamondhead, offering a tranquil yet accessible location. The property features approximately 1011 feet of frontage on Road 397, plus additional paved road frontage on Road 388. For ease of access and viewing, a path has been created near the corner of Road 388 and Road 397, providing clear sightlines to the property's depth. The asking price is $49,900, translating to approximately $9,577.74 per acre. The property is subject to deed restrictions, prohibiting trailers, campers, and livestock. Only stick-built homes with a minimum of 1200 square feet are permitted. The western property line is situated near power poles. This property is ideal for developers seeking a prime location with excellent access and potential for various commercial ventures. The APN is 061-0-12-012.000. This is a rare opportunity to acquire a sizable parcel of land in a desirable location.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.