28 Rivers Dr Hattiesburg, MS 39401
This exceptional 0.97-acre commercial land parcel presents a unique investment opportunity in Hattiesburg, Mississippi. Located at 28 Rivers Dr, this property boasts Evelyn Gandy Parkway frontage, providing excellent visibility and accessibility. Its strategic location is just 2.4 miles from I-59, ensuring convenient access to major transportation routes. The high-traffic area sees 16,000 vehicles per day, offering significant potential for businesses. Surrounded by existing restaurants, retail establishments, and office spaces, this parcel benefits from an established commercial environment. The property is designated as being within an Opportunity Zone, offering potential tax advantages. The asking price is $285,000, translating to $293,814 per acre. The sale terms are cash to seller. The parcel's APN is 1-023-34-002.00. This versatile land is suitable for various commercial uses, including hospitality, office, retail, and other ventures. This is a rare opportunity to acquire a well-situated parcel in a thriving market. The property's size and location make it ideal for a variety of development projects. Don't miss this chance to secure a piece of Hattiesburg's growing commercial landscape.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.