1 Central School Rd Hattiesburg, MS 39401
This exceptional 6.5-7.9 acre commercial land parcel in Hattiesburg, MS, presents a prime development opportunity. Located on Central School Road, the property boasts significant highway frontage, ensuring high visibility and accessibility. Its strategic location within an Opportunity Zone provides substantial tax incentives, boosting investment returns. The land's adjacency to a multifamily property makes it ideal for mixed-use development, commercial ventures, or expansion of existing residential projects. The property's R-3 zoning allows for a variety of uses, offering flexibility for diverse development plans. With its prime location, substantial size, and advantageous zoning, this parcel represents a unique chance to capitalize on a growing area with endless possibilities. The APN is 2-041B-27-022.00. This is a remarkable opportunity for investors seeking high-impact development in a thriving Mississippi market. The asking price is $300,000.
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
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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.