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    2909 Roosevelt St Hattiesburg, MS 39402

    For Sale
    Contact for pricing

    Prime 16-acre commercial tract in Hattiesburg, MS.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16-acre commercial land parcel presents a unique development opportunity in the thriving city of Hattiesburg, Mississippi. Strategically located to the west of a Walmart Supercenter, along the high-traffic corridors of Highway 49 and Broadway Drive, this property enjoys unparalleled visibility and accessibility. The site is zoned B-5, allowing for a wide range of commercial uses, making it ideal for businesses seeking a prominent location with high potential for growth. The property's proximity to major retail anchors and busy thoroughfares ensures significant foot traffic and vehicular exposure, creating an attractive environment for a variety of commercial ventures. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial piece of land in a rapidly developing area of Hattiesburg, offering significant potential for long-term investment and return. The address is 2909 Roosevelt Street, Hattiesburg, MS 39402, situated in Forrest County. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended use. This prime location offers exceptional potential for developers and investors seeking a high-impact commercial development project. The property's size and zoning make it suitable for a variety of commercial uses, from retail and restaurants to office spaces and light industrial facilities.

    Property Features for 2909 Roosevelt St

    General Information

    Property type
    Land

    HighLights

    • 16‑acre commercial land parcel in Hattiesburg, MS, offering high visibility and accessibility.
    • Located on Highway 49 and Broadway Drive, west of a Walmart Supercenter.
    • B‑5 zoning allows for diverse commercial uses.
    • Address: 2909 Roosevelt Street, Hattiesburg, MS 39402 (Forrest County).
    Property Profile Insight Report 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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.320512240754
    Latitude
    31.307473553134

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    FAQs

    What type of property is this?
    Land - Prime 16-acre commercial tract in Hattiesburg, MS.
    Where is this land located?
    The property is located at 2909 Roosevelt St Hattiesburg, MS.
    What are key features of this property?
    This property features: 16-acre commercial land parcel in Hattiesburg, MS, offering high visibility and accessibility.; Located on Highway 49 and Broadway Drive, west of a Walmart Supercenter.; B-5 zoning allows for diverse commercial uses.
    Request Owner's contact information
    2909 Roosevelt St 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
    2909 Roosevelt St Hattiesburg, MS 39402
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