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    Ms-304 Hernando, MS 38632

    • Land
    • 109.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ms-304

    Lot size
    109.76 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This expansive 109.76-acre property in Desoto County, Mississippi, presents a unique investment opportunity. Located near Arkabutla Lake and easily accessible from I-55 via the Hernando/E Commerce exit, this land offers diverse potential uses. Zoned A, it's suitable for agricultural, commercial, and hunting/recreational purposes. The property includes existing timber and provides excellent hunting and fishing opportunities. Priced at $274,400 ($2,500/acre), it's an attractive proposition for various ventures. Note that a non-exclusive easement for ingress/egress exists, and portions fall within a flood zone. Any building projects require Corps of Engineers approval

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    Desoto
    State
    Mississippi
    Longitude
    -90.0948
    Latitude
    34.8299

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      726 Us-51

      Farms • 15.00 Acres
      726 Us-51, Hernando, MS 38632
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    • Value Estimation by Request
      1.00 Acre

      Delta Lndg

      Land • 1.00 Acre
      0 Delta Lndg, Hernando, MS 38632
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    • Value Estimation by Request
      4.00 Acres

      Mcingvale Rd

      Land • 4.00 Acres
      0 Mcingvale Rd, Hernando, MS 38632
      View Details
    • Value Estimation by Request
      4.52 Acres

      51 And Grn T

      Retail properties • 4.52 Acres
      51 And Grn T, Hernando, MS 38632
      View Details
    • Value Estimation by Request
      58.59 Acres

      Tchulahoma Rd

      Land • 58.59 Acres
      0 Tchulahoma Rd, Hernando, MS 38632
      View Details
    • Value Estimation by Request

      570 Mcingvale Rd

      Land
      570 Mcingvale Rd, Hernando, MS 38632
      View Details

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    Similar Nearby for Lease

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    Ms-304
    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
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