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    98 At J M Burge Rd Hattiesburg, MS 39402

    For Sale
    $2,500,000

    Prime 14.8-Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 644,688 square foot commercial land parcel is strategically located in Hattiesburg, Mississippi, at the intersection of US 98 West and J M Burge Road, in Lamar County, zip code 39402 (31.2964591, -89.484856). Offered at $2,500,000, this expansive property presents a significant opportunity for developers and investors seeking a prime location for various commercial ventures. The substantial lot size allows for considerable flexibility in development plans, accommodating a wide range of commercial projects. Its strategic location provides excellent visibility and accessibility, ensuring high traffic volume and potential for strong returns. The property's location at a major intersection offers unparalleled exposure to a large customer base. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a growing Mississippi market. The property's size and location make it ideal for a variety of commercial uses, from retail and restaurants to office buildings and industrial facilities. Serious inquiries are encouraged to explore the potential of this exceptional investment opportunity. The property is being sold as-is. All interested parties are responsible for conducting their own due diligence.

    Property Features for 98 At J M Burge Rd

    General Information

    Property type
    Land

    HighLights

    • 14.8‑acre site
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.484856
    Latitude
    31.2964591

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    FAQs

    What type of property is this?
    Land - Prime 14.8-Acre Commercial Lot
    Where is this land located?
    The property is located at 98 At J M Burge Rd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 14.8-acre site; ;
    (601) 606-7675
    Request Owner's contact information
    98 At J M Burge 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
    98 At J M Burge Rd Hattiesburg, MS 39402
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