51 And Grn T Hernando, MS 38632
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.