7 Valley Dr Petal, MS 39465
- Land
- 7.13 lot acres
Current Use by Public Records
- Land
Property Details for 7 Valley Dr
- Lot size
- 7.13 lot acres
- Property type
- Land
Description
This 7.13-acre vacant commercial land parcel presents a unique investment opportunity in Petal, Mississippi's thriving retail corridor. Located near the intersection of Valley Drive and Old Richton Road, this property boasts exceptional visibility and accessibility, situated adjacent to 9 commercial acres with over 1,080 feet of Highway 42 frontage. The high-traffic area sees approximately 18,000 vehicles per day, ensuring significant exposure for any development. Surrounded by established businesses including Walmart, Lowe's, Chick-fil-A, and McAlister's Deli, as well as other local retailers and banks, this location offers immediate access to a substantial customer base. The property's versatility allows for a wide range of commercial uses, including convenience stores, restaurants, office spaces, and retail establishments. While lacking direct highway frontage, its proximity to Highway 42 and its strategic placement within a densely populated area make it an attractive option for investors seeking high-impact commercial development. Furthermore, the property is conveniently located within the Petal School District, consistently ranked as the top public school district in the state, and is within a short distance of several schools and the Petal High School Athletics Complex. Its proximity to Interstate 59 and downtown Hattiesburg provides easy access to a larger regional market. The asking price is $160,000, translating to approximately $22,440 per acre. This represents a compelling value proposition for investors seeking a prime location in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petal
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.2503
- Latitude
- 31.3548