Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5.5 +/- Evelyn Gandy Pkwy Petal, MS 39465

    For Sale
    $1,150,000

    Investment,Undeveloped Land, Commercial Land - Petal, MS

    Lot size:
    5.50 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 5.5 +/- Evelyn Gandy Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    5.50 Acres

    Building Details

    Architectural style
    Other

    South & Company Properties (601) 818-4004 [email protected]

    Listing agent Michael Mitchell (601) 818-4004 License #B-22274

    Listing date Jul 7, 2025

    MLS# 141609 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 High-Traffic Area

    This 5.5 +/- acre parcel of vacant land in Petal, MS, presents a commercial development opportunity in a high-traffic area. The property is strategically located along Old Hwy 42, benefiting from an existing Mississippi Department of Transportation (MDOT) driveway permit entrance, and offers additional frontage along Evelyn Gandy Parkway, providing access and visibility. According to MDOT, the section of Evelyn Gandy Parkway adjacent to the property experiences approximately 18,000 vehicles per day. The property is positioned near the intersections of E Central Avenue & Evelyn Gandy Parkway and Corinth Road & Evelyn Gandy Parkway, directly across the highway from Walmart and in proximity to major retailers and eateries.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Petal
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.230663
    Latitude
    31.349704

    Nearby Similar for Sale

    • $285,000

      Office/Residential Duplex in Petal, MS

      Unique mixed-use property: office/clinic and renovated apartment.
      221 N Main St, Petal, MS 39465
      View Details
    • New
      $2,332,000

      Poultry Farm in Petal, MS

      Well-maintained poultry farm with mobile homes in Petal school district.
      17 Howard Jordan Dr, Petal, MS 39465
      View Details
    • $53,000
      220 SF

      Versatile Commercial Property in Petal

      Small business property with flexible space in Petal, Mississippi.
      1886 Old Richton Rd, Petal, MS 39465
      View Details
    • $239,900
      2,879 SF

      Versatile Commercial Property in Petal

      Adaptable commercial space in Petal, Mississippi, with high-traffic visibility.
      130 N Main St, Petal, MS 39465
      View Details
    • $175,000
      2,694 SF

      Petal Office For Sale

      Office space for sale with covered parking in Petal.
      212 Mcinnis St, Petal, MS 39465
      View Details
    • $1,500,000

      Leased Shopping Centers For Sale

      Three leased shopping centers available in Petal, Mississippi.
      121 N Front St, Petal, MS
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.5-acre commercial land parcel in Petal, MS for sale.
    Where is this commercial land located?
    The property is located at 5.5 +/- Evelyn Gandy Pkwy Petal, MS.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity in a high-traffic area of Petal, MS.; - Excellent access and visibility with frontage on Old Hwy 42 and Evelyn Gandy Parkway.; - High traffic count of approximately 18,000 vehicles per day on Evelyn Gandy Parkway.
    (601) 818-4004
    Request Owner's contact information
    5.5 +/- Evelyn Gandy Pkwy Petal, MS 39465
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5.5 +/- Evelyn Gandy Pkwy
    Petal, MS 39465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5.5 +/- Evelyn Gandy Pkwy Petal, MS 39465
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.