Property profile

230 Us-51 Hernando, MS 38632

OFF-MARKET
Land
1.7 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial land offering presents a prime development opportunity in Hernando, Mississippi. Located at the corner of Highway 51 and Green T, this property boasts unparalleled visibility and accessibility, with approximately 10,000 vehicles passing daily. The site features 1,300 feet of Highway 51 frontage and convenient access to Interstates 55 and 69, ensuring high traffic volume and excellent exposure for any commercial venture. The property is zoned C-2, allowing for a variety of commercial uses. Flexible parcel sizes are available, ranging from 1 to 3 acres. Lots 1 and 2, totaling approximately 2 acres, are available together at $10 per square foot. Lots 3, 4, 5, and 6 are also available with prices negotiable. The property's location in the thriving North Mississippi area, between Hernando and Nesbit, makes it an ideal investment for retail entrepreneurs seeking a high-traffic, high-visibility location. The APN numbers for the available parcels are 308101000 0002000, 308101000 0001900, 308101000 0002100, and 308101000 0000800. The total acreage available ranges from 1.7 to 3.25 acres. This is a truly exceptional opportunity to capitalize on a high-demand location with significant development potential. Don't miss out on this chance to secure a piece of prime commercial real estate in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

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

Location

230 Us-51 Hernando, MS 38632
Hernando metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 230 Us-51?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message