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    1119 Jackson Rd Hattiesburg, MS 39402

    For Sale
    $1,306,000

    Hattiesburg, MS commercial development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial land parcel, situated at 1119 Jackson Road in Hattiesburg, Mississippi (zip code 39402), presents a prime development opportunity. Encompassing approximately 10-15 acres, this property is part of a larger 79-acre tract specifically planned for commercial use. The land is zoned for commercial development by Lamar County and boasts a highly desirable location in a bustling area of West Hattiesburg. Nearby establishments include Turtle Creek Mall, Merit Health Wesley, Chik-fil-A, Kohl's, and Academy Sports + Outdoors, ensuring high visibility and convenient access for potential businesses. The property enjoys frontage on both sides of Jackson Road and a corner location at the intersection of Jackson Road and Gravel Pit Road, maximizing development potential. The seller will facilitate subdivision of the parcel. The asking price is $1,306,000, translating to approximately $2 per square foot based on the land value. While a precise acreage measurement awaits a completed survey, this offering presents a compelling investment prospect in a thriving commercial corridor. This is a rare opportunity to acquire a significant land holding in a high-traffic area with established infrastructure and strong surrounding businesses. Serious inquiries are encouraged.

    Property Features for 1119 Jackson Rd

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.400003412197
    Latitude
    31.327529152412

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    FAQs

    What type of property is this?
    Land - Hattiesburg, MS commercial development opportunity.
    Where is this land located?
    The property is located at 1119 Jackson Rd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $1,306,000.
    (601) 606-1900
    Request Owner's contact information
    1119 Jackson Rd 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
    1119 Jackson Rd Hattiesburg, MS 39402
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