347 Main St Water Valley, MS 38965
This exceptional 1-acre commercial lot is strategically located on South Main Street in Water Valley, Mississippi, within Yalobusha County. Boasting approximately 150 feet of paved road frontage, this property benefits from significant passing traffic, making it an ideal location for a variety of commercial ventures. The surrounding area is already home to numerous other businesses, creating a vibrant and established commercial environment. The asking price for this property is $350,000. It's important to note that the lot is situated in a flood zone, requiring some dirt work to increase elevation. This presents a unique opportunity for a buyer to tailor the land to their specific needs. The property's proximity to Oxford, Mississippi (approximately 20 miles north) adds to its appeal, offering access to a larger regional market. Utilities are conveniently located nearby, simplifying the development process. This is a rare chance to acquire a well-positioned commercial lot in a thriving Mississippi community. The address is 347 S Main St, Water Valley, MS 38965.
-
Main Street Storage Storage Facility
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
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.