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Residential Land Tract with Shared Access
For Sale
$250,000

5163 S Hwy 51, Hernando, MS 38632

Large residential tract with Belmont water coming soon, Hernando Schools, and county taxes; driveway sharing applies to adjacent lots.

Property SizeContact for details
Days on Market1035

Property Features for 5163 S Hwy 51

General Information

Standard status Active
Property subtype Lots/Land
Listing Agency: Crye-Leike Of MS-SH
Listed By: Christy M Webster · License #S-49623
Source: Exitrealty
Added: Nov 1, 2023 Changed: Aug 31 Last Checked: Aug 30 at 1:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crye-Leike Of MS-SH

Investment Insights

Based on property information with market context.

For sale is a residential land tract offering space and privacy, located about 3.5 miles south of Hernando Square. The property is described as large tracts with the convenience you need, and county taxes apply. Public remarks note that Belmont water is coming soon and that the tract is served by Hernando Schools.

The address shown is for GPS purposes only. Drive out anytime to view the site. Public remarks also specify that lots 10, 11, and 13 will share a driveway entrance.

The tract is subject to county approval for subdivision because it is less than 10 acres. Owner financing is available with $6,000 down and 5% interest, as stated in the public remarks.

Key Highlights

  • Owner financing available: $6,000 down with 5% interest
  • Large residential tract located 3.5 miles south of Hernando Square
  • Belmont water coming soon

Property Analytics

Current Use

Residential land & home ...

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large residential tract with Belmont water coming soon, Hernando Schools, and county taxes; driveway sharing applies to adjacent lots.
Where is this residential land & home lot located?
The property is located at 5163 S Hwy 51 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: $6,000 down with 5% interest; Large residential tract located 3.5 miles south of Hernando Square; Belmont water coming soon
More about this property
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