Property profile

11 - Tract 5 Hattiesburg, MS 39402

OFF-MARKET
Land
14 ac lot
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Property summary

AI-generated overview

This exceptional 14-acre commercial land tract is strategically located on Highway 11, approximately two miles south of Interstate 59, between Hattiesburg and Purvis, Mississippi. Its prime location offers excellent visibility and accessibility, making it highly suitable for a variety of commercial or industrial developments. The property boasts easy access to Interstate 59, providing convenient connections to major transportation routes. Furthermore, its proximity to Hattiesburg (minutes away), Gulfport (70 miles), and Jackson (90 miles) enhances its appeal. The site is situated directly across Highway 11 from the Eagle One Mega Site, benefiting from its established presence. Development potential is further strengthened by the absence of floodplains. 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. Nearby airports include Gulfport-Biloxi International Airport (GPT), Hattiesburg-Laurel Regional Airport (PIB), and Jackson-Medgar Wiley Evers International Airport (JAN). Adjacent tracts are also available for potential expansion. The asking price is $490,000, representing a land value of $35,000 per acre.

Property profile

Verified
Property type Land
Lot 14 ac (609,840 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 5 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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