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Property profile & analytics
OFF-MARKET
Land

98 Lamar Blvd Hattiesburg, MS 39402

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity is part of the burgeoning Hattiesburg Marketplace development in rapidly expanding West Hattiesburg. Strategically located at the intersection of Lamar Boulevard and Highway 98, this property sits on the city's main retail corridor, boasting excellent visibility to the 36,000 vehicles passing daily on Highway 98. The site offers a range of options for developers, including land purchase, ground lease, or build-to-suit opportunities. The property's zoning is B-5, allowing for a variety of commercial uses. Lot sizes range from 1 to 14 acres, providing flexibility for various project scales. This prime location benefits from its proximity to significant anchors already under construction or contract, including Starbucks, Golden Chick, two additional retail anchors, and another quick-service restaurant. Furthermore, the property enjoys exceptional access to a strong consumer base, with the University of Southern Mississippi (13,110 students enrolled in Fall 2023) located within three miles and Regions Bank's substantial 60,000 square-foot mortgage operations center less than one mile away. This presents a unique chance to be part of a thriving commercial hub in a high-growth area of Mississippi. The address is Hwy 98 Lamar Blvd, Hattiesburg, MS 39402, in Forrest County.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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