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    98 Lamar Blvd Hattiesburg, MS 39402

    Sponsored
    For Lease
    Contact for pricing

    14 Acres, Hwy 98 Frontage, B-5 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14-acre commercial land parcel presents a unique investment opportunity in the thriving Hattiesburg, Mississippi market. Located on Highway 98 Lamar Boulevard, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The lot size is flexible, ranging from 1 to 14 acres, offering potential buyers the ability to tailor the purchase to their specific needs. The property is zoned B-5, allowing for a variety of commercial uses, subject to city and county approvals. Situated in Forrest County, this location benefits from a strong local economy and convenient access to major transportation routes. The expansive acreage provides ample space for large-scale projects, while the strategic highway location ensures high traffic volume and prominent brand exposure. This is a rare chance to acquire a significant commercial land holding in a rapidly growing area of Mississippi. The property's prime location and flexible zoning make it an attractive proposition for developers seeking to establish a new business or expand existing operations. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The address is Hwy 98 Lamar Blvd, Hattiesburg, MS 39402.

    Property Features for 98 Lamar Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Join the newest development in rapidly expanding West Hattiesburg: Hattiesburg Marketplace.
    • Hattiesburg Marketplace enjoys a prime location at the intersection of Lamar Boulevard and Hwy 98, Hattiesburg's main retail thoroughfare.
    • Starbucks and Golden Chick are under construction, with two additional retail anchors and a quick‑service restaurant under contract.
    • Land is available for purchase, ground lease, or build‑to‑suit opportunities.
    • Benefit from excellent visibility to 36,000 vehicles per day on Hwy 98.
    • The University of Southern Mississippi (13,110 students, Fall 2023) is less than 3 miles away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.394132
    Latitude
    31.3198019

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    FAQs

    What type of property is this?
    Land - 14 Acres, Hwy 98 Frontage, B-5 Zoning
    Where is this land located?
    The property is located at 98 Lamar Blvd Hattiesburg, MS.
    What are key features of this property?
    This property features: Join the newest development in rapidly expanding West Hattiesburg: Hattiesburg Marketplace.; Hattiesburg Marketplace enjoys a prime location at the intersection of Lamar Boulevard and Hwy 98, Hattiesburg's main retail thoroughfare.; Starbucks and Golden Chick are under construction, with two additional retail anchors and a quick-service restaurant under contract.
    Request Owner's contact information
    98 Lamar Blvd 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
    98 Lamar Blvd Hattiesburg, MS 39402
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