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    Delta Lndg Hernando, MS 38632

    For Sale
    Contact for pricing

    Mixed-use development, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Delta Landing presents a unique investment opportunity in Hernando, Mississippi, the county seat of DeSoto County. This mixed-use planned development (PD) is strategically situated on the northeast corner of the I-55 and I-269 interchange, boasting exceptional visibility and accessibility. The development encompasses a substantial land area of between 1 and 2.5 acres, designed to create a vibrant, walkable community where residents and visitors can live, work, and play. The vision for Delta Landing includes over 30 acres of commercial space, perfectly suited for restaurants, specialty retail services, and office uses. Further enhancing the community's appeal is a proposed hotel and up to 124 loft units, complemented by over 600 single-family homes. This creates a diverse and thriving environment, attracting a wide range of residents and businesses. The location benefits from extremely high traffic counts, with I-55 averaging 55,000 vehicles daily and I-269 averaging 29,000. Adding to the area's appeal, a new DeSoto County High School is under construction directly across the street, further solidifying the long-term growth potential of this exceptional mixed-use development. Delta Landing offers a compelling blend of commercial and residential opportunities within a master-planned community, promising significant returns for investors. The traditional neighborhood design principles incorporated into the plan ensure a cohesive and attractive environment.

    Property Features for 0 Delta Lndg

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 30‑acre mixed‑use development in Hernando, MS, featuring a hotel, 124 loft units, and over 600 single‑family homes.
    • Excellent location for restaurants, specialty retail, and office space.
    • High visibility; directly across from the new DeSoto County High School, with I‑55 (55,000 AADT) and I‑269 (29,000 AADT) nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hernando
    County
    DeSoto
    State
    Mississippi
    Longitude
    -90.1958893
    Latitude
    34.8259056

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    FAQs

    What type of property is this?
    Land - Mixed-use development, prime location.
    Where is this land located?
    The property is located at Delta Lndg Hernando, MS.
    What are key features of this property?
    This property features: 30-acre mixed-use development in Hernando, MS, featuring a hotel, 124 loft units, and over 600 single-family homes.; Excellent location for restaurants, specialty retail, and office space.; High visibility; directly across from the new DeSoto County High School, with I-55 (55,000 AADT) and I-269 (29,000 AADT) nearby.
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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
    Delta Lndg Hernando, MS 38632
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