Property profile

0 Classic Dr Hattiesburg, MS 39402

OFF-MARKET
Land
32.87 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 32.87 ac (1,431,817 SF)

Cap rate & NOI

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

Location

Classic Dr Hattiesburg, MS 39402
Hattiesburg 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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