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    36 Archie Hover Rd At Jackson Rd Hattiesburg, MS 39402

    For Sale
    $1,300,000

    Prime 2.5+ acre commercial lot in Hattiesburg, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land parcel, located at 36 Archie Hover Rd at Jackson Rd in Hattiesburg, Mississippi (zip code 39402), presents a unique investment opportunity. Spanning over 2.5 acres, the property offers significant development potential. A recent survey reveals that portions of the land lie within Hattiesburg city limits, while other sections fall under Lamar County jurisdiction. The asking price is $1,300,000, translating to a list price per square foot of $1.53. The land's value, based on square footage, is calculated at $583,268/SF. This figure is derived from the total acreage, which ranges from 2 to 13.39 acres, depending on the final survey and any potential carve-outs. The sellers are amenable to negotiating carve-outs, offering flexibility for potential buyers. Note that a portion of this property was under contract for 60 days, beginning January 13, 2023, and the sale did not close. A survey is available to interested parties. This prime location in Hattiesburg provides excellent access to major roadways and established businesses, making it an ideal site for various commercial ventures. Serious inquiries are encouraged.

    Property Features for 36 Archie Hover Rd At Jackson Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • List Price: $1.53 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.40176
    Latitude
    31.3220755

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    FAQs

    What type of property is this?
    Land - Prime 2.5+ acre commercial lot in Hattiesburg, MS
    Where is this land located?
    The property is located at 36 Archie Hover Rd At Jackson Rd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: List Price: $1.53 per square foot.; ;
    Request Owner's contact information
    36 Archie Hover Rd At Jackson Rd 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
    36 Archie Hover Rd At Jackson Rd Hattiesburg, MS 39402
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