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    Mcingvale Rd Hernando, MS 38632

    For Sale
    $1,090,000

    Prime Commercial Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4-acre commercial lot presents a remarkable investment opportunity in Hernando, Mississippi. Strategically located on McIngvale Road, this C-1 zoned property boasts high visibility directly across from Hernando High School and Middle School, ensuring consistent traffic flow. Its ideal location makes it perfect for a variety of commercial ventures, including retail establishments, fast-food restaurants, medical offices, or service-based businesses. The property's potential is further enhanced by the ongoing expansion of McIngvale Road to five lanes, including a direct interchange onto I-269, promising increased accessibility and exposure. The recent sale of an adjacent 34-acre parcel to a major church, planning a large multi-use complex, signifies the area's robust growth and development. This presents a unique synergy opportunity for complementary businesses. Furthermore, the possibility of acquiring an additional adjacent acre expands the development potential even further. The asking price is $1,090,000. This is a rare chance to secure a prime commercial location in a thriving community with significant future growth prospects. Don't miss this opportunity to establish your business in a high-demand area.

    Property Features for 0 Mcingvale Rd

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • $1,090,000 asking price.
    • 4‑acre commercial land parcel.
    • C‑1 Commercial zoning.
    • Hernando, MS location at McIngvale Rd & Dilworth.
    • High visibility corner lot near Hernando High & Middle Schools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hernando
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9705705
    Latitude
    34.8119941

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Traffic Area
    Where is this land located?
    The property is located at Mcingvale Rd Hernando, MS.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: $1,090,000 asking price.; 4-acre commercial land parcel.; C-1 Commercial zoning.
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    Mcingvale Rd Hernando, MS 38632
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    Hernando, MS 38632
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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
    Mcingvale Rd Hernando, MS 38632
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