Property summary
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the desirable Hernando, Mississippi area. Located at 5305 Waikiki Cove, this property boasts stunning lake views and a tranquil setting within a small lake community. The lot features rolling hills and partial wooded areas, offering a picturesque backdrop for development. With its generous size, the land provides ample space for a variety of commercial ventures, potentially including but not limited to, a small business, office space, or even a unique residential development. The asking price is $35,000, translating to a price per acre of $23,333.33. The property's APN is 3099310000000201. Situated in DeSoto County, Mississippi, with a zip code of 38632, this location offers convenient access to local amenities and transportation routes. The geographic coordinates are 34.7822842 latitude and -90.1884835 longitude. This is a rare chance to acquire a sizable waterfront lot in a peaceful community, ideal for those seeking a prime location to establish a commercial presence or capitalize on the area's growing appeal. Don't miss this opportunity to own a piece of this beautiful lakefront property.
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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