Property profile

0 Oak Grove Rd Hattiesburg, MS 39402

OFF-MARKET
Land
30,056 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 30,056 SF

Cap rate & NOI

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

Location

Oak Grove Rd 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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