0 0.57 Acre Lot In Covington Collins, MS 39428
This exceptional 0.57-acre commercial lot presents a remarkable investment opportunity in Collins, Mississippi. Strategically located just off Highway 49, this property boasts convenient access and proximity to a variety of restaurants, ensuring high visibility and accessibility for any future development. The lot's size offers ample space for a range of commercial ventures, from small retail spaces to larger-scale projects. Its flat, buildable terrain simplifies construction, minimizing potential site preparation costs and expediting the development process. The location within Covington County, Mississippi, provides access to a growing community and a strong local economy. This property is particularly attractive for investors seeking to expand their rental portfolios or establish a new commercial presence in a thriving area. The asking price of $15,000 represents exceptional value for a commercial lot of this size and location. Furthermore, the seller indicates that additional lots are available, presenting an opportunity for larger-scale development or strategic land acquisition. This is a rare chance to secure a prime commercial property in a desirable location at an attractive price point. Don't miss this opportunity to capitalize on the potential of this exceptional commercial land.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.