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    2166 Evelyn Gandy Pkwy Hattiesburg, MS 39401

    For Sale
    $450,000

    Prime Hattiesburg commercial land, I-59 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10.30-acre commercial land parcel, encompassing 448,668 square feet, is strategically located at 2166 Evelyn Gandy Parkway in Hattiesburg, Mississippi, zip code 39401. Its prime location offers convenient access to Interstate 59, ensuring high visibility and easy accessibility for businesses. The property boasts a desirable view corridor directly onto Evelyn Gandy Parkway, providing excellent exposure for signage and branding opportunities. Currently, the land is adjacent to an existing Dollar General store, indicating a strong retail presence in the immediate vicinity. This presents a significant advantage for potential development, leveraging the existing commercial activity and foot traffic. The seller is open to considering a ground lease arrangement, offering flexibility for prospective buyers or tenants. Furthermore, there's potential for expansion, as some adjacent properties may be available for purchase from family members. This presents a unique opportunity to acquire a substantial land holding in a thriving commercial area. The asking price for this exceptional property is $450,000. This is a rare opportunity to secure a significant commercial land parcel in a high-traffic location with excellent visibility and potential for future growth.

    Property Features for 2166 Evelyn Gandy Pkwy

    General Information

    Property type
    Land

    HighLights

    • 10.30‑acre commercial land parcel (448,668 sq ft) at 2166 Evelyn Gandy Parkway, Hattiesburg, MS 39401.
    • High‑visibility location with I‑59 access and desirable frontage on Evelyn Gandy Parkway.
    • Adjacent to a Dollar General, indicating strong retail presence.
    • Seller open to ground lease options.
    • Potential for expansion with adjacent properties potentially available for purchase.
    • Asking price: $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Wholesale Shop Food Market Garden Center Furniture Store Pawn Shop Mobile Phone Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3156571
    Latitude
    31.3707283

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    FAQs

    What type of property is this?
    Land - Prime Hattiesburg commercial land, I-59 access.
    Where is this land located?
    The property is located at 2166 Evelyn Gandy Pkwy Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 10.30-acre commercial land parcel (448,668 sq ft) at 2166 Evelyn Gandy Parkway, Hattiesburg, MS 39401.; High-visibility location with I-59 access and desirable frontage on Evelyn Gandy Parkway.; Adjacent to a Dollar General, indicating strong retail presence.
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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
    2166 Evelyn Gandy Pkwy Hattiesburg, MS 39401
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