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Property profile & analytics
OFF-MARKET
Land

0 Highway 42 Petal, MS 39465

74.57 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 74.57 ac (3,248,269 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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