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    Highway 42 E Petal, MS 39465

    Pending
    For Sale
    $302,500

    Commercial Land, Commercial/Business,Undeveloped Land - Petal, MS

    Lot size:
    2.37 Acres
    Days on Market:
    152
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Highway 42 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    C-2
    Lot size
    2.37 Acres

    Building Details

    Architectural style
    Other

    Legacy Realty Group (601) 466-3420 [email protected]

    Listing agent Scott Holmes (601) 909-0663 License #B-22868

    Listing date Jul 7, 2025

    MLS# 131039 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

    Prime Commercial Land in Petal

    This 2.37-acre commercial land is located in Petal, Mississippi. The property has 292 feet of frontage on Hwy 42 E, Evelyn Gandy Parkway, and approximately 180 feet of frontage on Backwoods Trail at the rear of the property. It is situated between the Trailwood Willows entrance and Auto World. The zoning is C-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Petal
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.195322
    Latitude
    31.350069

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    FAQs

    What type of property is this?
    Commercial land - 2.37 acres with frontage on Hwy 42 E and Backwoods Trail.
    Where is this commercial land located?
    The property is located at Highway 42 E Petal, MS.
    What is the asking price?
    The asking price for this property is $302,500.
    What are key features of this property?
    This property features: - 292' of prime frontage on Hwy 42 E, Evelyn Gandy Parkway.; - Located between Trailwood Willows entrance and Auto World.; - Fronts approximately 180' of Backwoods Trail at rear of property.
    (601) 909-0663
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    Highway 42 E 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
    Highway 42 E Petal, MS 39465
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