Lamar Blvd Hattiesburg, MS 39402
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for Lamar Blvd
- Property type
- Commercial real estate
Description
This exceptional 22.65+/- acre commercial land parcel presents a unique investment opportunity in Hattiesburg, Mississippi's burgeoning West Hattiesburg area. Strategically located along Lamar Boulevard, adjacent to the Regions Bank Headquarters, this property is ideally positioned within Hattiesburg's Regional Business District and zoned B-5, allowing for a wide range of Class A development possibilities. The City of Hattiesburg has significantly invested in infrastructure improvements along Lamar Boulevard, recently completing Phase 1 of a renovation project that included resurfacing, new curbs and gutters, storm water drainage enhancements, and fresh landscaping along the median. Phase II, encompassing lighting improvements from Highway 98 to Lincoln Road, is currently underway. Simultaneously, the City is widening Lincoln Road, further enhancing the area's accessibility and appeal. This prime location offers unparalleled visibility and convenient access to major thoroughfares, making it an attractive site for businesses seeking a prominent presence in a rapidly developing area. The property's size and zoning provide ample flexibility for a variety of commercial ventures, promising significant return on investment. This is a rare chance to capitalize on the ongoing revitalization of West Hattiesburg and secure a foothold in a thriving commercial corridor. The property is offered at $4,439,853.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Lamar
- State
- Mississippi
- Longitude
- -89.3952
- Latitude
- 31.3099