0 First St Brookhaven, MS 39601
This exceptional 25.3-acre tract presents a compelling investment opportunity in Brookhaven, Mississippi. Located just blocks from Brookhaven's city center, this unimproved land boasts significant development potential. The property enjoys substantial road frontage along South First Street, providing excellent accessibility. Adding to its appeal is convenient access to the railroad, opening up possibilities for various commercial ventures. The recent development of residential properties on an adjacent parcel further underscores the area's growth and attractiveness for future development. This versatile land is suitable for a range of commercial uses, and its proximity to the city center makes it an ideal location for businesses seeking high visibility and convenient access to amenities. The asking price is $200,000. The property's size and location in Lincoln County, Mississippi, with its zip code 39601, make it a highly desirable asset for investors seeking a strategic land acquisition in a growing area. The coordinates are approximately 31.5625 latitude and -90.445 longitude. This property is classified as commercial, hunting/recreational, and timber 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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.