Property profile

0 Mcingvale Rd Hernando, MS 38632

OFF-MARKET
Land
4 ac lot
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Property summary

AI-generated overview

This exceptional 4-acre commercial lot presents a remarkable investment opportunity in Hernando, Mississippi. Strategically located on McIngvale Road, this C-1 zoned property boasts high visibility directly across from Hernando High School and Middle School, ensuring consistent traffic flow. Its ideal location makes it perfect for a variety of commercial ventures, including retail establishments, fast-food restaurants, medical offices, or service-based businesses. The property's potential is further enhanced by the ongoing expansion of McIngvale Road to five lanes, including a direct interchange onto I-269, promising increased accessibility and exposure. The recent sale of an adjacent 34-acre parcel to a major church, planning a large multi-use complex, signifies the area's robust growth and development. This presents a unique synergy opportunity for complementary businesses. Furthermore, the possibility of acquiring an additional adjacent acre expands the development potential even further. The asking price is $1,090,000. This is a rare chance to secure a prime commercial location in a thriving community with significant future growth prospects. Don't miss this opportunity to establish your business in a high-demand area.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Location

Mcingvale Rd Hernando, MS 38632
Hernando 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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