Commercial Land in Hernando,
2700 Hwy 51 S, Hernando, MS 38632
For Sale
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Commercial land opportunity near the Courthouse and Town Square.
Property SizeContact for details
Days on Market1054
Property Features for 2700 Hwy 51 S
General Information
Standard status
Property subtype
Zoning
Listing Agency:
Marcus & Millichap - Memphis
Listed By:
William Davis · License #MS B-15586
Source:
Crexi
Added: Dec 21, 2023
Changed: Nov 6
Last Checked: Nov 6 at 6:11AM
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 Marcus & Millichap - Memphis
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Investment Insights
Based on property information with market context.
This commercial land opportunity is located two blocks south of the Courthouse and Town Square in Hernando, Mississippi. The lot features frontage on Highway 51, Park Street, and Southern Street. The downtown Hernando area is currently undergoing changes. Recent additions of condo living and a vibrant restaurant environment have catalyzed high-end growth on the north side of the town square. The south side of the town square is beginning to experience a similar positive trajectory. Planned projects between the Oak Grove/Highway 51 intersection and the town square include a new retail center, a roundabout intersection, and a townhouse development.
Key Highlights
- Prime commercial land opportunity in downtown Hernando, MS.
- Located just 2 blocks south of the Courthouse and Town Square.
- Significant frontage on Hwy 51, Park St, and Southern St.
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Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
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Business Placement
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
$287,100
Median Home Value
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Market
Average Price Trend$/SF for Commercial land in DeSoto County, MS
Properties on Market for Commercial land in DeSoto County
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land opportunity near the Courthouse and Town Square.
Where is this commercial land located?
The property is located at 2700 Hwy 51 S Hernando, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime commercial land opportunity in downtown Hernando, MS.; Located just 2 blocks south of the Courthouse and Town Square.; Significant frontage on Hwy 51, Park St, and Southern St.
