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    2790 Oak Grove Rd Hattiesburg, MS 39402

    For Lease
    Contact for pricing

    2.6 Acres, Prime Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.6-acre commercial land parcel presents a unique build-to-suit opportunity in Hattiesburg, Mississippi. Strategically located at the southeast corner of Oak Grove Road and Lincoln Road, this property boasts significant frontage: over 300 feet along Lincoln Road and over 500 feet along Oak Grove Road. The site's prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial developments. Currently zoned N/A, this presents a blank canvas for developers to tailor the zoning to their specific project needs. The property includes two existing residential structures that can be leased on a short-term basis, providing potential for immediate income generation while development plans are finalized. This location is just outside the city limits of Hattiesburg, offering a blend of accessibility and potential cost advantages. The four parcels comprising this site are ready for redevelopment, presenting a compelling investment opportunity for those seeking a high-impact commercial project in a growing area. Detailed site plans and further information are available upon request. This is a rare chance to acquire a substantial tract of land with significant road frontage in a desirable location.

    Property Features for 2790 Oak Grove Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 2.6‑acre commercial land parcel in Hattiesburg, MS, offering a build‑to‑suit opportunity.
    • High visibility location at the southeast corner of Oak Grove Road and Lincoln Road, with over 300' of frontage on Lincoln Road and over 500' on Oak Grove Road.
    • Currently unzoned, allowing for flexible development.
    • Includes two existing residential structures offering short‑term lease income potential.
    • Located just outside Hattiesburg city limits.
    • Four parcels ready for redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3770679
    Latitude
    31.3004458

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    FAQs

    What type of property is this?
    Land - 2.6 Acres, Prime Redevelopment Opportunity
    Where is this land located?
    The property is located at 2790 Oak Grove Rd Hattiesburg, MS.
    What are key features of this property?
    This property features: 2.6-acre commercial land parcel in Hattiesburg, MS, offering a build-to-suit opportunity.; High visibility location at the southeast corner of Oak Grove Road and Lincoln Road, with over 300' of frontage on Lincoln Road and over 500' on Oak Grove Road.; Currently unzoned, allowing for flexible development.
    Request Owner's contact information
    2790 Oak Grove 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
    2790 Oak Grove Rd Hattiesburg, MS 39402
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