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Property profile & analytics
OFF-MARKET
Land

123 Old Pecan Grove Ln Waveland, MS 39576

0.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.46-acre commercial lot is situated at 123 Old Pecan Grove Ln, Waveland, Mississippi, 39576 (APN: 062q-1-10-026). Offered at $49,900, this represents a compelling price per acre of $108,478.26. The property boasts a desirable location, offering convenient access to the beach. Mature oak trees provide a picturesque setting, enhancing the property's appeal. A substantial concrete slab is already in place, potentially suitable for use as a carport or other structure. Partial fencing is present, offering some degree of security and defining the property boundaries. This parcel presents a unique opportunity for developers or investors seeking a well-positioned commercial site in Hancock County, Mississippi. The land's size and existing features make it ideal for a variety of commercial ventures. Its proximity to the beach adds significant value, attracting potential customers and increasing the property's overall desirability. This is a rare chance to acquire a prime piece of commercial real estate in a thriving coastal community.

Property profile
Verified
Property type Land
Lot 0.46 ac (20,038 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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