Approved Townhome Development
For Sale
$250,000
Pending
400 Memphis Street, Hernando, MS 38632
7.6-acre site approved for 20 townhouse/condo units with utilities available and shovel-ready project status.
Property Size331,056 SF
Lot Size7.60 Acres
Days on Market81
Property Features for 400 Memphis Street
General Information
Standard status
Pending
Size
331,056 SF
Lot size
7.60 Acres
Property subtype
Land / Acreage (10 acres or less)
Additional Details
Utilities to Site
Yes
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$795
Amenities
Public Sewer
Public
.00
No
Listing Agency:
Burch Realty Group
(662) 274-4935
Listed By:
Jason Burch · License #B-21190
(662) 274-4935
Source:
Compass
Added: Jun 6
Changed: Aug 8
Last Checked: Jul 21 at 12:56AM
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 Burch Realty Group
Investment Insights
Based on property information with market context.
This 7.6-acre development site has been approved for 20 townhouse/condo units and is shovel ready for a project to begin. The city of Hernando has approved the site, and it has all MDEQ-required permits, along with construction plans that are already in place.
All utilities are available to the site, including water, sewer, natural gas, and electricity. The property is mostly level to gently rolling, which should help reduce the need for extensive dirt work or clearing.
The land is positioned just north of the Hernando square, offering an approved, permitted framework for proceeding with the planned residential development.
All utilities are available to the site, including water, sewer, natural gas, and electricity. The property is mostly level to gently rolling, which should help reduce the need for extensive dirt work or clearing.
The land is positioned just north of the Hernando square, offering an approved, permitted framework for proceeding with the planned residential development.
Key Highlights
- 7.6‑acre site just north of the Hernando square
- City‑approved for 20 townhouse/condo units (sell or rent)
- Approved by the city of Hernando with all MDEQ required permits and construction plans completed
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 7.6-acre site approved for 20 townhouse/condo units with utilities available and shovel-ready project status.
Where is this residential land & home lot located?
The property is located at 400 Memphis Street 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: 7.6‑acre site just north of the Hernando square; City‑approved for 20 townhouse/condo units (sell or rent); Approved by the city of Hernando with all MDEQ required permits and construction plans completed
