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    Hwy 98 Hattiesburg, MS 39402

    Sponsored
    For Sale
    $3,026,549

    Prime location, high-growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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.

    Property Features for 0 Hwy 98

    General Information

    Property type
    Farms

    HighLights

    • $3,026,549 asking price.
    • 168,142 square foot land parcel.
    • Agricultural and commercial zoning.
    • Located on Highway 98 West in Hattiesburg, MS, Lamar County, zip code 39402.
    • Adjacent to Party Universe.
    • Potential for a 1‑acre parcel carve‑out, estimated at $785,000+ (negotiable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4134156
    Latitude
    31.3173508

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    FAQs

    What type of property is this?
    Farm - Prime location, high-growth potential.
    Where is this farm located?
    The property is located at Hwy 98 Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $3,026,549.
    What are key features of this property?
    This property features: $3,026,549 asking price.; 168,142 square foot land parcel.; Agricultural and commercial zoning.
    Request Owner's contact information
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    Hattiesburg, MS 39402
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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
    Hwy 98 Hattiesburg, MS 39402
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