853 Richburg Rd Hattiesburg, MS 39402
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.