Property profile

28 Rivers Dr Hattiesburg, MS 39401

OFF-MARKET
Retail properties & Spaces
0.97 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.97 ac (42,253 SF)

Cap rate & NOI

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

Location

28 Rivers Dr Hattiesburg, MS 39401
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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