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    1321 Highway 42 Petal, MS 39465

    For Sale
    $1,463,616

    Commercial Land, Commercial/Business,Other - See Remarks - Petal, MS

    Days on Market:
    152
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1321 Highway 42

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    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 Jul 7, 2025

    MLS# 139176 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

    Commercial Land in Growing Petal

    This commercial property offers 3.36 acres in an area of Petal experiencing growth. The property is located just past the high school and is adjacent to Tractor Supply. The intended use of the property is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Petal
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.191717
    Latitude
    31.351033

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    FAQs

    What type of property is this?
    Land - 3.36 acres of commercial land near Petal High School.
    Where is this land located?
    The property is located at 1321 Highway 42 Petal, MS.
    What is the asking price?
    The asking price for this property is $1,463,616.
    What are key features of this property?
    This property features: - Prime commercial property location.; - 3.36 acres of land.; - Located where Petal is growing.
    (601) 268-1600
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    1321 Highway 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
    1321 Highway 42 Petal, MS 39465
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