Property profile

0 Delta Lndg Hernando, MS 38632

OFF-MARKET
Mixed-use properties
1 ac lot
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Property summary

AI-generated overview

Delta Landing presents a unique investment opportunity in Hernando, Mississippi, the county seat of DeSoto County. This mixed-use planned development (PD) is strategically situated on the northeast corner of the I-55 and I-269 interchange, boasting exceptional visibility and accessibility. The development encompasses a substantial land area of between 1 and 2.5 acres, designed to create a vibrant, walkable community where residents and visitors can live, work, and play. The vision for Delta Landing includes over 30 acres of commercial space, perfectly suited for restaurants, specialty retail services, and office uses. Further enhancing the community's appeal is a proposed hotel and up to 124 loft units, complemented by over 600 single-family homes. This creates a diverse and thriving environment, attracting a wide range of residents and businesses. The location benefits from extremely high traffic counts, with I-55 averaging 55,000 vehicles daily and I-269 averaging 29,000. Adding to the area's appeal, a new DeSoto County High School is under construction directly across the street, further solidifying the long-term growth potential of this exceptional mixed-use development. Delta Landing offers a compelling blend of commercial and residential opportunities within a master-planned community, promising significant returns for investors. The traditional neighborhood design principles incorporated into the plan ensure a cohesive and attractive environment.

Property profile

Verified
Property type Mixed-use properties
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

Delta Lndg Hernando, MS 38632
Hernando metro
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Value estimations

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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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