Property profile

11 Hwy Hattiesburg, MS 39402

OFF-MARKET
Land
34 ac lot
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Property summary

AI-generated overview

This exceptional 34-acre commercial/industrial land tract is strategically located on Highway 11, approximately two miles south of Interstate 59, between Hattiesburg and Purvis, Mississippi. Its desirable location offers easy access to major transportation arteries, placing it within minutes of Hattiesburg and convenient to Gulfport (70 miles) and Jackson (90 miles). The property boasts rolling topography and is partially situated in a flood zone (approximately 30%). A significant advantage is its proximity to the Eagle One Mega Site, and future rail access via a proposed railroad right of way across Highway 11. This presents a unique opportunity for businesses seeking efficient logistics and distribution capabilities. The land is suitable for a variety of commercial or industrial developments. Utilities are readily available, including power from Cooperative Energy/Pearl River Valley Electric Power Association, natural gas from Spire Energy, and water from Dixie Water Association/North Lamar Water Association. Adjacent tracts are also available for larger-scale projects. The asking price is $510,000, representing a land value of $15,000 per acre. Nearby airports include Gulfport-Biloxi International Airport (GPT), Hattiesburg-Laurel Regional Airport (PIB), and Jackson-Medgar Wiley Evers International Airport (JAN).

Property profile

Verified
Property type Land
Lot 34 ac (1,481,040 SF)

Cap rate & NOI

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

Location

11 Hwy Hattiesburg, MS 39402
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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