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S South Main St Street, Water Valley, MS 38965

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For Sale

$350,000

1 acres

Estimated Payment

$ 1,835 /mo. †

6.76% APR for 30 yrs.
$199 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 1 acres
    Lot size

Explore this Property

Have you been searching for a new business location? Welcome to your new 1+/- acre commercial lot in Yalobusha County, MS! This tract is in an ideal location that gets a lot of passing traffic on South Main St. in Water Valley, MS, with 150+/- ft. of paved frontage. There are a multitude of other businesses surrounding this property as well. Dirt work will be required to increase elevation due to this tract being in a flood zone. Oxford, MS, is roughly 20 miles north of the property, and utilities are nearby.
MLS# 4065072

Courtesy Of Tom Smith Land and Homes, LLC

(601) 898-2772

Property Features

  • Architecture Style
    Other
  • Lot Size
    1 Acres

Map and Directions

Directions to S South Main St Street, Water Valley, MS 38965

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prestige

(662) 562-5502
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,818
  • Property Taxes
    $16
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,835

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Davidson Elementary School

Grades PK-6 Public School

Water Valley, MS 38965 1.3 miles
207 goode st

549 total students
15:1 Student teacher ratio

School Details

Water Valley High School

Grades 7-12 Public School

Water Valley, MS 38965 1 miles
550 market st

458 total students
13:1 Student teacher ratio

School Rating: C+

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Water Valley, MS 38965

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Water Valley, MS 38965

This community’s employment is highest in the production occupations and healthcare practitioners industries. The area’s overall household expenses are below the national average.

91° July
Hottest Average Month
31° January
Coldest Average Month
3,730 Total Households in Area
0.5% Increase in population since the year 2010
28.1%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Water Valley, MS 38965

Water Valley, MS 38965 has a population of 9,437 people in 3,730 households with a median age of 41 years old.

0.5%
Increase in population
since the year 2010
Population is Trending up
3,923
Total households as of 2010
-1.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 67%
Black 28%
Hispanic 2%
Other <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 67%, followed by Black at 28%, Hispanic at 2%, and Other at <1%.

Economics
for Water Valley, MS 38965

37 /sq mi
Population Density
$52,184 /yr
Median Household Income
$327,664
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 21.09% of the households.

Transportation to Work

  • Drive 95%
  • Work from Home 4%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 2,674 60%
Rented 1,057 24%
Vacant 690 16%

White vs Blue Collar Jobs







White Collar 65%
Blue Collar 35%

Family & Education Facts
for Water Valley, MS 38965

41 Median Age

Average Household Size

2.4
persons per
household

49.8%

Married Households

Community Population By Education

High School Graduate 43%
Some College 20%
Some High School 11%
Associates Degree 10%
Bachelors Degree 9%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 43.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.1% of households have children

Weather
for Water Valley, MS 38965

The weather for this area ranges from a high of 91° F in July to a low of 31° F in January

91° July
Hottest Average Month
31° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
31°
52°
Feb
34°
56°
Mar
41°
65°
Apr
50°
74°
May
58°
81°
Jun
65°
88°
Jul
69°
91°
Aug
68°
91°
Sep
61°
86°
Oct
49°
76°
Nov
40°
64°
Dec
33°
55°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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