Property profile

853 Richburg Rd Hattiesburg, MS 39402

OFF-MARKET
Mobile home & RV parks
4.09 ac lot
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Property summary

AI-generated overview

This exceptional 4.09-acre commercial land parcel in Hattiesburg, Mississippi, presents a unique investment opportunity. Located at 853 Richburg Rd, Lamar County, zip code 39402 (31.2811406, -89.3565213), this single-tenant property is zoned for commercial use, including built-to-suit, hospitality, and mobile home park developments. The site offers significant flexibility for various commercial ventures. The property is currently vacant, allowing for complete customization to meet specific business needs. The seller is open to exploring various transaction structures, including a ground lease, joint venture, or outright sale of the entire parcel or a portion thereof. The suggested lease rate ranges from $4 to $8 per square foot, contingent upon the specifics of the proposed lease agreement. This property is part of a larger parcel, offering potential for expansion or development of adjacent land. This prime location in Hattiesburg provides excellent access to major transportation routes and a thriving local economy. Serious inquiries are encouraged to discuss the various development possibilities and explore the potential of this versatile commercial land offering. The property is ready for immediate development, making it an attractive option for investors seeking a high-return opportunity in a desirable location.

Property profile

Verified
Property type Mobile home & RV parks
Lot 4.09 ac (178,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

853 Richburg Rd Hattiesburg, MS 39402
Hattiesburg metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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