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    Sullivan Kilrain Dr Hattiesburg, MS 39401

    Sponsored
    For Sale
    $288,000

    High-Visibility I-59 Retail Tract

    Property size:
    77,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.77-acre commercial land parcel, located on Sullivan Kilrain (S&K Dr) in Hattiesburg, Mississippi, presents a unique investment opportunity. Boasting 77,120 square feet of total area, the property offers unparalleled visibility due to its prime location directly off Interstate 59, ensuring high traffic exposure for any commercial venture. The asking price is $288,000, translating to a price per square foot of $3.73 and a price per acre of $162,672. This makes it an attractive proposition for developers or investors seeking a strong return. The property's zoning and permitted uses should be verified independently. The seller is open to exploring alternative ownership structures, including ground leases or build-to-suit arrangements, providing flexibility for potential buyers. This presents a rare chance to acquire a strategically located commercial property in a thriving Mississippi market with significant development potential. The property's address is Sullivan Kilrain (S&K Dr), Hattiesburg, MS 39401. Interested parties are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. This information is believed to be accurate but is not guaranteed.

    Property Features for 0 Sullivan Kilrain Dr

    General Information

    Property type
    Land
    Square Feet
    77,120 SF
    Lot Size
    77,101 SF

    HighLights

    • $288,000 asking price for this Hattiesburg, MS retail land property.
    • 77,120 square feet of land.
    • $3.73 per square foot.
    • 1.77‑acre lot size.
    • $162,672 per acre land value.
    • Great I‑59 visibility; ground lease or build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3394961
    Latitude
    31.259468

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    FAQs

    What type of property is this?
    Land - High-Visibility I-59 Retail Tract
    Where is this land located?
    The property is located at Sullivan Kilrain Dr Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $288,000.
    What are key features of this property?
    This property features: $288,000 asking price for this Hattiesburg, MS retail land property.; 77,120 square feet of land.; $3.73 per square foot.
    Request Owner's contact information
    Sullivan Kilrain Dr 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
    Sullivan Kilrain Dr Hattiesburg, MS 39401
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