0 Hwy 98 Hattiesburg, MS 39402
This exceptional 168,142 square foot commercial and agricultural land parcel is strategically located on Highway 98 West in Hattiesburg, Mississippi, within Lamar County, zip code 39402. The property's prime location offers significant development opportunities, situated adjacent to Party Universe in a thriving commercial corridor. The asking price is $3,026,549. The land's versatility allows for a range of commercial uses, and its size presents substantial potential. A potential carve-out of approximately one acre is estimated to be available for around $785,000, subject to negotiation. This presents a unique opportunity for investors seeking a high-growth area with excellent visibility and access. The property's latitude and longitude coordinates are 31.3173508 and -89.4134156 respectively. This is an exceptional opportunity to acquire a significant land holding in a rapidly developing area of Hattiesburg. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.