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    1 Central School Rd Hattiesburg, MS 39401

    For Sale
    $300,000

    7+ Acres, Opportunity Zone, Hwy Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.5-7.9 acre commercial land parcel in Hattiesburg, MS, presents a prime development opportunity. Located on Central School Road, the property boasts significant highway frontage, ensuring high visibility and accessibility. Its strategic location within an Opportunity Zone provides substantial tax incentives, boosting investment returns. The land's adjacency to a multifamily property makes it ideal for mixed-use development, commercial ventures, or expansion of existing residential projects. The property's R-3 zoning allows for a variety of uses, offering flexibility for diverse development plans. With its prime location, substantial size, and advantageous zoning, this parcel represents a unique chance to capitalize on a growing area with endless possibilities. The APN is 2-041B-27-022.00. This is a remarkable opportunity for investors seeking high-impact development in a thriving Mississippi market. The asking price is $300,000.

    Property Features for 1 Central School Rd

    General Information

    Property type
    Land
    Lot Size
    283,140 SF

    HighLights

    • $300,000 asking price for 6.5‑7.9 acres of commercial land.
    • Located on Central School Road in Hattiesburg, MS (39401), with highway frontage.
    • Opportunity Zone designation offering significant tax incentives.
    • Adjacent to a multifamily property, ideal for mixed‑use development.
    • APN: 2‑041B‑27‑022.00, zoned R‑3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Building Supply Pharmacy Wholesale Shop Kitchen & Bath Daycare Center Auto Repair Shop Department Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.292475
    Latitude
    31.2810284

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    FAQs

    What type of property is this?
    Land - 7+ Acres, Opportunity Zone, Hwy Frontage
    Where is this land located?
    The property is located at 1 Central School Rd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price for 6.5-7.9 acres of commercial land.; Located on Central School Road in Hattiesburg, MS (39401), with highway frontage.; Opportunity Zone designation offering significant tax incentives.
    Request Owner's contact information
    1 Central School Rd Hattiesburg, MS 39401
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    Hattiesburg, MS 39401
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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
    1 Central School Rd Hattiesburg, MS 39401
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