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    Highway 589 Hattiesburg, MS 39402

    Sponsored
    For Sale
    $2,090,000

    Prime Commercial Land, Highway 589, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.6-acre commercial land parcel presents a significant investment opportunity in Hattiesburg, Mississippi. Located on Highway 589, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The expansive lot size offers ample space for various projects, from retail centers and restaurants to light industrial facilities or warehousing. Its strategic location within Forrest County, coupled with its proximity to Hattiesburg's thriving business community, ensures high potential for return on investment. The asking price is $2,090,000. Detailed site surveys and zoning information are readily available upon request, allowing potential buyers to thoroughly assess the property's suitability for their specific development plans. This is a rare opportunity to acquire a substantial tract of commercial land in a rapidly growing area of Mississippi. Don't miss out on this chance to secure a prime location for your next venture. The property is conveniently located in the 39402 zip code, offering easy access to major transportation routes and local amenities. Serious inquiries only.

    Property Features for 0 Highway 589

    General Information

    Property type
    Land
    Lot Size
    418,176 SF

    HighLights

    • $2,090,000 asking price.
    • 9.6‑acre commercial land parcel.
    • Located on Highway 589 in Hattiesburg, MS.
    • Forrest County, MS, zip code 39402.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.4696103
    Latitude
    31.2957517

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Highway 589, MS
    Where is this land located?
    The property is located at Highway 589 Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $2,090,000.
    What are key features of this property?
    This property features: $2,090,000 asking price.; 9.6-acre commercial land parcel.; Located on Highway 589 in Hattiesburg, MS.
    Request Owner's contact information
    Highway 589 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
    Highway 589 Hattiesburg, MS 39402
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