Property profile

11 - Tract 6 Hattiesburg, MS 39402

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre commercial and industrial land parcel is strategically located in Lamar County, Mississippi, near Hattiesburg (zip code 39402). Situated approximately two miles south of Interstate 59, between Hattiesburg and Purvis, this property boasts convenient access and high visibility due to its frontage on Highway 11 and Tatum Camp Road. A significant advantage is its proximity to the Eagle One Mega Site, located directly across Highway 11. Future rail access is planned via a proposed railroad right of way, adding further logistical benefits. The property is suitable for a wide range of commercial or industrial developments, and is free from flood plain restrictions. Utilities are readily available, including electricity from Cooperative Energy/Pearl River Valley Electric Power Association, natural gas from Spire Energy, water from Dixie Water Association/North Lamar Water Association, and sewer services from the City of Hattiesburg. The asking price is $1,600,000, representing a price per acre of $40,000. This location offers easy access to major transportation arteries, including Interstate 59, and is within reasonable proximity to several airports: Gulfport-Biloxi International Airport (GPT), Hattiesburg-Laurel Regional Airport (PIB), and Jackson-Medgar Wiley Evers International Airport (JAN). Adjacent tracts are also available. This presents a unique opportunity for significant development potential in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 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 - Tract 6 Hattiesburg, MS 39402
Hattiesburg metro
Google Maps

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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