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Property profile & analytics
OFF-MARKET
Land

8 Jo Rd Ellisville, MS 39437

1.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.66-acre commercial lot is situated in a desirable Ellisville subdivision, conveniently located just four miles south of Ellisville off Highway 11. Its strategic position offers easy access to both Laurel and Hattiesburg, making it an ideal location for businesses needing to serve a wider regional market. The property benefits from proximity to Jones County Junior College (JCJC), only four miles away, and is a mere two miles from Howard Industries and the new GE plant, providing excellent access to a skilled workforce and established industrial infrastructure. The subdivision boasts a beautiful entrance, well-maintained paved roads, and a homeowner's association (HOA) ensuring consistent upkeep and community standards. Existing infrastructure includes underground electricity, while a septic system will be required for any development. High-speed internet and television services are readily available through Cspire fiber optic. This property presents a unique opportunity for commercial development in a thriving area with excellent access and amenities. The asking price is $42,000. Covenant restrictions are in place.

Property profile
Verified
Property type Land
Lot 1.66 ac (72,310 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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