Property profile

49 Near Hwy 42 Hwy Hattiesburg, MS 39401

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Hattiesburg, Mississippi market. Located near Highway 42 and Highway 49, this strategically positioned property offers excellent visibility and accessibility. The land is zoned for commercial and industrial uses, including self-storage facilities, making it suitable for a diverse range of development projects. With a total asking price of $310,000, the price per acre comes to $51,666, representing a compelling value in this rapidly growing area. The property's proximity to Mitchell Tools further enhances its appeal and potential for future growth. The parcel is conveniently located in Forrest County, Mississippi, with the address near Highway 42 and Highway 49, Hattiesburg, MS 39401. The property's APN is 1-008-09-011.00. The seller is open to subdividing the land, providing flexibility for potential buyers with varying needs and project scopes. This presents a rare chance to acquire a sizable tract of land in a prime location with significant development potential. The property's versatility and strategic location make it an ideal investment for both short-term and long-term growth.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

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

Location

49 Near Hwy 42 Hwy Hattiesburg, MS 39401
Hattiesburg metro
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Value estimations

Realmo proprietary · 4 methods
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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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