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    00 Ms-42 Petal, MS 39465

    For Sale
    $368,000

    Commercial/Business,Res Single Family, Residential Land - Petal, MS

    Type:Single Family Residence
    Days on Market:
    95
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 00 Ms-42

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active

    Building Details

    Architectural style
    Other

    The Executive Team Inc (601) 268-1600 [email protected]

    Listing agent Mark M. Graham (601) 268-1600 License #13527

    Listing date Sep 2, 2025

    MLS# 122938 Listing URL

    Copyright © 2025 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot on Highway 42

    This property is located on the corner of Southgate and Highway 42, outside the city limits. The land can be used for just about anything.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Petal
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.156098
    Latitude
    31.359296

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    FAQs

    What type of property is this?
    Land - Excellent corner property outside city limits suitable for various uses.
    Where is this land located?
    The property is located at 00 Ms-42 Petal, MS.
    What is the asking price?
    The asking price for this property is $368,000.
    What are key features of this property?
    This property features: - Excellent corner lot location at Southgate and Hwy 42.; - Outside city limits.; - Versatile property suitable for various uses.
    (601) 268-1600
    Request Owner's contact information
    00 Ms-42 Petal, MS 39465
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Ms-42 Petal, MS 39465
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