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Hernando Land with Owner Financing
For Sale
$250,000

5157 S Hwy 51 lot 10, Hernando, MS 38632

Land, Hernando, MS

Property SizeContact for details
Lot Size10.06 Acres
Days on Market1037

Property Features for 5157 S Hwy 51 lot 10

General Information

Property type Land
Property subtype Other
Subdivision Metes And Bounds
Lot features Wooded, Wooded
Elementary school Hernando
Middle school Hernando
High school Hernando
Directions South on Hwy 51 from Oak Grove Road. Property will be on the right, just before Sterlin Lane.
Standard status Active
Lot size 10.06 Acres

Taxes and HOA fees

Tax Description 10.06 Acres Desoto County NE Quarter sec 36 T3S R8W
Legal Description 10.06 Acres Desoto County NE Quarter sec 36 T3S R8W

Utilities

Utilities Water Available
Sewer type Septic Needed
Water source Public
Listing Agency: Crye-Leike Of MS-SH
Listed By: Christy M Webster · License #S-49623
Added: Oct 30, 2023 Changed: Aug 29 Last Checked: Aug 31 at 8:06AM
MLS# 4062847

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

These large tracts of land are located 3.5 miles south of the Hernando Square. Belmont water is coming soon. The property is located within the Hernando Schools district and is subject to county taxes. Owner financing is available with a $6000 down payment and 5% interest. Lots 10, 11, and 13 will share a driveway entrance. The lot size is 10.06 acres.

Key Highlights

  • Owner financing available with $6000 down and 5% interest.
  • Located just 3.5 miles South of the Hernando Square.
  • Hernando Schools.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Garden Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 38632, MS

29,210
Population
12,073
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
162.3 sq mi
ZIP Area
180
Density / Sq Mi
$90,277
Median Household Income
$53,275
Median Earnings
$1,203
Median Rent
$287,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Large tracts of land near Hernando Square with owner financing.
Where is this commercial land located?
The property is located at 5157 S Hwy 51 lot 10 Hernando, MS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Owner financing available with $6000 down and 5% interest.; Located just 3.5 miles South of the Hernando Square.; Hernando Schools.
More about this property
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