0 Oak Grove Rd Hattiesburg, MS 39402
This exceptional 0.69-acre commercial land parcel, located on Oak Grove Road in Forrest County, presents a unique investment opportunity. The property boasts a substantial 30,056 square feet of land, ideally suited for a single-tenant retail development. Its dimensions measure 150 feet by 200 feet, offering ample space for construction and potential expansion. The property is designated as a commercial retail pad, making it particularly attractive for businesses seeking high visibility and convenient access. The site is situated outside of the city limits, providing a distinct advantage for certain types of businesses. This is a ground lease opportunity, and the sale is by negotiation, allowing for flexibility in pricing and terms. The property's size and location make it an excellent choice for developers and investors seeking a strategic foothold in a growing market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel. All interested parties should be prepared to discuss terms and conditions of a potential sale. The property is ready for immediate development, offering a streamlined path to occupancy. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location.
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
Similar Nearby for Lease
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.