0 Spillway Rd At Lakeshore Dr Pelahatchie, MS 39047
This exceptional 1.62-acre commercial land parcel in Brandon, Mississippi, is offered at $450,000 cash, plus the assumption of a pre-existing ground lease. Located at the highly visible intersection of Spillway Road and Lakeshore Drive (zip code 39047), this property boasts excellent visibility and accessibility, situated near a traffic signal. Daily traffic counts on Spillway Road average approximately 32,000 vehicles, with an additional 30,000 vehicles daily on nearby Fannin Road. This prime location offers significant exposure for a variety of commercial ventures. The property's strategic placement near established businesses and fully developed infrastructure makes it ideal for retail, office, or mixed-use development. Note that this opportunity excludes banks and other financial institutions, opening the door to diverse development possibilities. This is a rare chance to acquire a highly visible and strategically located commercial parcel in a thriving Mississippi market. The property is located in Ranking County.
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
Similar Nearby for Lease
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.