11 - Tract 12 Hattiesburg, MS 39402
This exceptional 55-acre commercial and industrial land tract presents a unique investment opportunity in Lamar County, Mississippi. Strategically located directly across Highway 11 from the Eagle One Mega Site, this property boasts easy access to Interstate 59, providing seamless connectivity to major transportation routes. Situated approximately two miles south of I-59, between Hattiesburg and Purvis, the land offers a blend of accessibility and desirable location. The rolling topography is ideal for various development projects, further enhanced by its minimal flood zone designation. Future rail access is planned along a proposed right-of-way, adding significant logistical advantages, particularly for industrial uses. The property is served by Cooperative Energy/Pearl River Valley Electric Power Association for electricity, Spire Energy for natural gas, and Dixie Water Association/North Lamar Water Association for water. Sewer services are provided by the City of Hattiesburg. Nearby airports include Gulfport-Biloxi International Airport (GPT), Hattiesburg-Laurel Regional Airport (PIB), and Jackson-Medgar Wiley Evers International Airport (JAN). The asking price is $1,155,000, translating to $21,000 per acre. This represents a compelling value proposition for developers seeking a prime location with excellent infrastructure and access to major transportation networks. Adjacent tracts are also available. This property is suitable for residential, commercial, or industrial development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.