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    3402 Industrial Dr Hernando, MS 38632

    Sponsored
    For Sale
    $602,000

    4.6 Acres, M-2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.6-acre commercial and industrial land parcel presents a unique investment opportunity in Hernando, Mississippi. Strategically located just over a mile from the Interstate-55 exit at Industrial Drive West off Vaiden Road, this property benefits from exceptional accessibility and visibility. The M-2 heavy industrial zoning allows for a wide range of development possibilities. Surrounded by established businesses, including multiple warehouses, the DeSoto County Sheriff and Justice Departments, and the US Armory, this site offers a secure and thriving business environment. The property's location provides easy access to major transportation routes, facilitating efficient logistics and distribution. Furthermore, the land is divisible, offering flexibility for various development scenarios, from single-occupancy to multi-tenant projects. The asking price is $602,000, and the property's APN is 307419000 0000400. This prime location and flexible zoning make this an ideal site for industrial development or expansion. Don't miss this chance to acquire a highly desirable property in a rapidly growing area.

    Property Features for 3402 Industrial Dr

    General Information

    Property type
    Land
    Lot Size
    200,376 SF

    HighLights

    • $602,000 asking price.
    • 4.6‑acre land parcel.
    • M‑2 Heavy Industrial zoning.
    • Located in Hernando, MS, near I‑55.
    • Subdividable lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Al Williams Bail ... Bail Bonds Service

    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
    Hernando
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9821005
    Latitude
    34.8110338

    Nearby Comparable

    • $375,000
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      Hernando Industrial Park Land

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      Hernando, MS Land For Sale

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    Nearby Similar for Sale

    • $1,199,000
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      Hernando Multifamily Property with Acreage

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      Established Car Wash Business Opportunity

      Turnkey car wash business in prime location near Hernando square.
      2934 Highway 51 S, Hernando, MS 38632
      View Details
    • $440,000
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      Hernando Commercial Automotive Business Opportunity

      Established automotive business with shop, office, and included equipment.
      310 E St S, Hernando, MS 38632
      View Details
    • $600,000
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      Hernando Office Building - Prime Location

      Historic Charm, Modern Potential, High Visibility
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      View Details

    FAQs

    What type of property is this?
    Land - 4.6 Acres, M-2 Zoning, Prime Location
    Where is this land located?
    The property is located at 3402 Industrial Dr Hernando, MS.
    What is the asking price?
    The asking price for this property is $602,000.
    What are key features of this property?
    This property features: $602,000 asking price.; 4.6-acre land parcel.; M-2 Heavy Industrial zoning.
    Request Owner's contact information
    3402 Industrial Dr Hernando, MS 38632
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    Hernando, MS 38632
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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
    3402 Industrial Dr Hernando, MS 38632
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