7462 Us-98 Sumrall, MS 39482
This exceptional 14.8-acre commercial land parcel is strategically located at 7462 US-98, Sumrall, MS 39482, in Lamar County. Boasting over 300 feet of frontage on Highway 98 West at JM Burge Road, this property presents a compelling investment opportunity with diverse development potential. The permitted Commercial zoning allows for a wide range of uses, including subdivision, senior living facilities, self-storage units, or retail establishments. Its prime location just west of Mack’s West on the south side of Highway 98 positions it to benefit from the westward expansion of Hattiesburg, promising significant future value appreciation. The asking price is $2,500,000. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing area with excellent visibility and accessibility. Serious inquiries are encouraged. The property is ready for immediate development or can serve as a strong long-term investment. Don't miss this chance to secure a piece of Mississippi's growing commercial real estate market.
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
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.