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    Lincoln Road Ext Hattiesburg, MS 39402

    For Sale
    $2,792,000

    32 Acres, Prime Location, R-3 & B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 32.06-acre commercial land parcel presents a significant investment opportunity in Hattiesburg, Mississippi. Located on Lincoln Road Ext, in Forrest County, zip code 39402 (31.3079705, -89.3916707), this property boasts versatile zoning designations of R-3 and B-3, opening doors to a wide range of development possibilities. The asking price is $2,792,000, translating to a land value of $87,087 per acre. This prime location offers excellent accessibility and visibility, making it ideal for various commercial ventures. The expansive lot size provides ample space for large-scale projects, allowing for significant flexibility in design and development. Given the strategic location and zoning allowances, this property represents a compelling investment prospect with substantial potential for future growth and return. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. Further details are available upon request. The property is situated in a thriving area of Hattiesburg, offering convenient access to key infrastructure and amenities. This makes it an attractive option for developers seeking a strategic location for their next project. The substantial acreage allows for a variety of development scenarios, from multi-unit residential to commercial complexes. The R-3 and B-3 zoning provides flexibility in project planning.

    Property Features for 0 Lincoln Road Ext

    General Information

    Property type
    Land
    Lot Size
    1,396,534 SF

    HighLights

    • 32.06‑acre commercial land parcel in Hattiesburg, MS.
    • Located on Lincoln Road Ext, Forrest County, zip code 39402.
    • R‑3 and B‑3 zoning allows for diverse development.
    • $2,792,000 asking price, $87,087 per acre.
    • Excellent accessibility and visibility in a thriving area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3916707
    Latitude
    31.3079705

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    FAQs

    What type of property is this?
    Land - 32 Acres, Prime Location, R-3 & B-3 Zoning
    Where is this land located?
    The property is located at Lincoln Road Ext Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $2,792,000.
    What are key features of this property?
    This property features: 32.06-acre commercial land parcel in Hattiesburg, MS.; Located on Lincoln Road Ext, Forrest County, zip code 39402.; R-3 and B-3 zoning allows for diverse development.
    Request Owner's contact information
    Lincoln Road Ext Hattiesburg, MS 39402
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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
    Lincoln Road Ext Hattiesburg, MS 39402
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