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    235 Thornhill Dr Hattiesburg, MS 39402

    Sponsored
    For Lease
    $1.25 SF/Yr

    Prime 1.1-acre commercial lot in Hattiesburg, MS

    Lot size:
    47,916 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.1-acre commercial land parcel, located at 235 Thornhill Drive in Hattiesburg, Mississippi, presents a unique investment opportunity. Situated in Lamar County, this single-tenant property boasts a sizable 47,916 square feet of land, offering significant development potential. The property's zoning allows for a variety of commercial uses, including hospitality, retail, and retail-pad establishments. The address is conveniently located within Hattiesburg, providing easy access to major transportation routes and a thriving local market. The absence of existing buildings on the site allows for complete design flexibility, enabling prospective buyers to tailor the development to their specific needs and vision. This presents a blank canvas for creating a custom-built commercial property, perfectly suited for entrepreneurs and investors seeking to establish a strong presence in a dynamic Mississippi market. The asking price is negotiable, based on the merits of the lease terms. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location, offering significant upside potential for future growth and profitability. The property's size and location make it an attractive proposition for a wide range of commercial ventures. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a prime piece of Hattiesburg real estate.

    Property Features for 235 Thornhill Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,916 SF

    Unit(s) available at that property

    Space
    Available Space (1.10 Acres )
    Size
    47,916 SF
    Rate per SF
    $1.25
    Property Profile Location Intelligence

    Current Use by Public Records

    TownePlace Suites Hattiesburg Hotel 235 Thornhill Drive ... Parking Lot

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.3512236
    Latitude
    31.3315333

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    FAQs

    What type of property is this?
    Individual retail property - Prime 1.1-acre commercial lot in Hattiesburg, MS
    Where is this individual retail property located?
    The property is located at 235 Thornhill Dr Hattiesburg, MS.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    Request Owner's contact information
    235 Thornhill Dr 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
    235 Thornhill Dr Hattiesburg, MS 39402
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