123 Old Pecan Grove Ln Waveland, MS 39576
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.
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
Similar Nearby for Sale
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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.