Property profile

0 Wl Runnels Industrial Dr Hattiesburg, MS 39401

OFF-MARKET
Land
171.7 ac lot
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Property summary

AI-generated overview

This exceptional 171.7-acre industrial site presents a unique investment opportunity in Hattiesburg, Mississippi. Strategically located within the Hattiesburg Industrial Park and conveniently situated on Highway 98, this property boasts significant frontage along this major thoroughfare, providing unparalleled visibility and accessibility. The site also benefits from access to the Kansas City Southern (KCS) railroad, opening up efficient transportation options for various industrial uses. A parallel frontage road enhances safety and ease of access to both Highway 98 and W L Runnels Industrial Drive. All essential services and utilities available within the established industrial park are readily accessible to this site, minimizing development complexities and accelerating project timelines. The asking price is $945,000, translating to an attractive price per acre of $5,504. This expansive parcel offers substantial potential for a wide range of industrial developments, making it an ideal choice for businesses seeking a prime location with excellent infrastructure and connectivity in a thriving Mississippi market. The property is located in Forrest County, Mississippi, with a zip code of 39401. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 171.7 ac (7,479,252 SF)

Cap rate & NOI

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

Location

Wl Runnels Industrial Dr Hattiesburg, MS 39401
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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