119 Joan Dr Ellisville, MS 39437
This exceptional 1.56-acre commercial lot is situated at 119 Joan Dr, Ellisville, Mississippi, 39437, in Jones County. Located in a desirable subdivision, this property offers a strategic location just four miles south of Ellisville, conveniently accessible off Highway 11. Its proximity to Laurel and Hattiesburg makes it ideal for businesses needing to serve a wider regional market. The lot benefits from its close proximity to Jones County Junior College (JCJC), approximately four miles away, and is only two miles from Howard Industries and the new GE plant, providing excellent access to a skilled workforce and established industrial presence. The subdivision boasts a beautiful entrance, paved streets, and a homeowner's association (HOA) with established covenants. Utilities are in place, including underground electricity, and high-speed C Spire fiber optic internet and television services are available. While a septic system will be required, this property presents a unique opportunity for commercial development. Owner financing is available, making this an attractive investment prospect. The property is part of Phase III, which is now open.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.