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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

51 And Grn T Hernando, MS 38632

4.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.52-acre commercial land parcel presents a remarkable investment opportunity in Hernando, Mississippi. Strategically located at the intersection of Highway 51 and Green T, this property boasts unparalleled visibility from Interstates 55 and 69, ensuring high traffic exposure for any commercial venture. Zoned C-2, the land is ideal for a variety of retail uses. The substantial lot size offers potential for subdivision, making it suitable for development into multiple commercial units, perhaps an auto, truck, or equipment dealership. This prime location is further enhanced by its proximity to major transportation arteries, providing easy access for customers and employees. Importantly, the property is subject to deed restrictions prohibiting convenience stores, tobacco shops, and liquor stores. This ensures a consistent brand image and potentially attracts a desirable tenant mix. The asking price for this exceptional commercial land is $1,100,000. Don't miss this chance to acquire a highly visible and versatile property in a thriving Mississippi market. The property is located in DeSoto County, Mississippi, with a zip code of 38632.

Property profile
Verified
Property type Retail properties & Spaces
Lot 4.52 ac (196,891 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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