Historical Land Sale Listing - Big Bay Lake

Land For Sale

This Land property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Land For Sale,

Big Bay Lake

Big Bay, Lake, MS

N/A

2 AC | Land

  • Print

Big Bay Lake

Land - Off Market

Price:
N/A
Lot Size:
2 AC
Total Lot Size:
2 AC
Property Type:
Land
Property Sub-type:
Residential (land)
Listing ID
1282080
Last Updated
over 1 year ago

Description

If you are looking for an enjoyable project with great return potential, consider these facts: *Over 10 miles of undeveloped shoreline (1,100 acres +/- lake surface) * Located in one of the fastest growing communities in the South * $40,000,000.00 in projected gross sales. * Considerable merchantible timber inventory. * Marketing program is ongoing. * Covenants/restrictions are in place. * Phased development/engineering ongoing. * Project Engineer estimates developable lot potential 250 more waterfront lots (.8 acre average) , and 550 off-water lots (1.4 acre average). * 6 year waterfront lot appreciation history 15%/year +/-.. * Utilities are anxious to expand customer base. * Demand is strong - lakefront lots are now selling pre-developed. * Everything is new - lake construction was completed in 1991 * Lot sales history and financials are available to qualified buyers. * Estimated cost of development approximately $7,500 - $8,500 per lot.

Big Bay Lake - the largest private lake development in Mississippi.

Map of Lake, MS (Lamar County) - exact location not found

Research for Big Bay, Lake, MS

Created 12/15/1999