0 Classic Dr Hattiesburg, MS 39402
This exceptional 32.87-acre commercial and light industrial land parcel presents a unique investment opportunity in Hattiesburg, Mississippi. Located within the city limits and designated as both a New Market Tax Credit and Opportunity Zone property, this site offers significant tax advantages. The B-5 zoning allows for a variety of development options. Conveniently situated near numerous hotels, restaurants, the Hattiesburg Convention Center, a country club, and The University of Southern Mississippi, this property benefits from excellent access to amenities and a strong local infrastructure. The property's proximity to the University of Southern Mississippi's Innovation and Commercialization Park, home to The Accelerator and the Mississippi Polymer Institute, further enhances its potential. The owner is open to dividing the land and considering build-to-suit proposals, offering flexibility for potential buyers. The APN is 2-025I-36-014.00 / 2-025I-36-017.00. The asking price is $2,700,000. This prime location and flexible development options make this a compelling investment for discerning buyers.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.