0 Evelyn Gandy Pkwy Petal, MS 39401
This exceptional 4.51-acre commercial land parcel in Petal, Mississippi, presents a unique investment opportunity. Strategically located on Evelyn Gandy Parkway in Forrest County, zip code 39401, this property boasts high visibility between FedEx and the former Leaf River Sports location. Originally encompassing 10 acres, a 0.45-acre portion on the east property line was previously sold, leaving the current 4.51 acres available. The property offers a 30.02-foot width and extends in length, with secured access rights to a planned frontage road connecting FedEx to the property's east corner. This planned road significantly enhances accessibility and visibility. The land is priced at $983,000, translating to $217,960 per acre. Development options are flexible, accommodating sale, lease, or build-to-suit arrangements. The property is also divisible, allowing for tailored acquisitions to meet specific needs. While a portion was sold in November 2022, the remaining land presents a compelling opportunity for immediate development or future investment. The list price per square foot is $5.00. Don't miss this chance to secure a prime commercial location in a rapidly growing area.
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
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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.