190 Sanctuary Cir Canton, MS 39046
This exceptional 6.57-acre commercial land parcel in Canton, Mississippi, presents a unique investment opportunity. Located within a gated community on the shores of Sanctuary Lake, this mostly wooded property offers stunning lake views and a tranquil setting. The asking price is $250,000, translating to approximately $38,051.75 per acre. The property boasts a pre-existing boathouse complete with a boat lift, screened porch, bathroom, and ample storage, ideal for immediate enjoyment. Utilities include connected electricity, while a septic tank handles wastewater. The water source is designated as "other." The lot is rectangular, features many trees, and has unimproved gravel road frontage. Covenants restrict subdivision, and conventional financing is acceptable. Community amenities include fishing access and a gated entrance. Proximity to Canton (10 minutes), Madison (20 minutes), and Amazon (under 3 miles) adds to its appeal. The property's APN is 092c-07-009/00.00. This is an excellent opportunity for development or a private retreat.
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.