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    001 S Old Highway 51 Hernando, MS 38632

    Sponsored
    For Sale
    $400,000

    LAND - Hernando, MS

    Lot size:
    2.00 Acres
    Days on Market:
    105
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 001 S Old Highway 51

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    3081010000001100
    Lot size
    2.00 Acres

    United Real Estate Mid-South (662) 470-6058 [email protected]

    Listing agent Marty Pickard License #S-41138

    Listing date Sep 23, 2025

    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.

    Overview

    Land with Unlimited Potential

    This property features two acres of land with unlimited potential. It is located off of Highway 51, approximately two miles from both Interstate 55 and Interstate 269. The location is suitable for residential, commercial, or planned unit development (PUD) purposes. The land is currently zoned for agricultural use. The property is part of a larger 35-acre parcel. The land is currently being farmed, and the farmer will need to harvest existing crops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Department Store HVAC Service Discount Store Electrical Service Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.997109
    Latitude
    34.860118

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    FAQs

    What type of property is this?
    Land - Two acres of land suitable for residential or commercial development.
    Where is this land located?
    The property is located at 001 S Old Highway 51 Hernando, MS.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 1.2 Acres of Land Available; - Located off Hwy 51, just 2 Miles to I-55 and I-269; - Potential for Residential, Commercial, or PUD Development
    (901) 289-4992
    Request Owner's contact information
    001 S Old Highway 51 Hernando, MS 38632
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    Hernando, MS 38632
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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
    001 S Old Highway 51 Hernando, MS 38632
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