3 Lucedale Ms 39452 Lucedale, MS 39452
This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Lucedale, Mississippi. Strategically located directly adjacent to a Walmart Supercenter, this property boasts a highly visible corner location on a new access road and Old Highway 63 South, a major thoroughfare experiencing a significant 15,000 vehicles per day (VPD). The property is zoned C2 – Highway Commercial, allowing for a wide range of commercial development possibilities. Its prime location ensures high traffic visibility and easy accessibility for potential businesses. The expansive 1-acre lot provides ample space for construction and development, making it ideal for a variety of commercial ventures. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area with excellent proximity to established retail and a substantial daily traffic count. The property's location offers significant potential for strong returns on investment, making it an attractive proposition for both developers and investors seeking a prime commercial location in Lucedale, MS. The address is Old 63 S Parcel 3, Lucedale, MS 39452. The asking price is $600,000.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.