0 Highway 42 Petal, MS 39465
This exceptional 74.57-acre commercial land parcel presents a remarkable investment opportunity in Petal, Mississippi. Ideally situated on Highway 42, this property boasts approximately 2,376 feet of highway frontage, ensuring high visibility and accessibility. Previously a golf course, the land is largely developable, offering numerous possibilities for commercial development. The asking price is $2,416,645, translating to $32,408 per acre. Its strategic location within the highly-rated Petal School District is a significant advantage, with Petal Primary School, Petal Elementary, Petal High School, and the Petal High School Athletics Complex all less than a mile away. The property's proximity to residential neighborhoods on multiple sides provides a built-in customer base. Furthermore, its convenient location, just 8.9 miles from Interstate 59, offers easy access to major transportation routes. This versatile tract is suitable for a wide range of commercial uses, including convenience stores, restaurants, office buildings, and retail establishments. The combination of prime location, ample acreage, and strong surrounding demographics makes this a truly exceptional investment opportunity. Don't miss the chance to acquire this highly desirable commercial land in a thriving Mississippi community.
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.