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Property profile & analytics
OFF-MARKET
Community centers

1308 Nesbit Dr Nesbit, MS 38651-6030

3,940 SF 1.21 ac lot Built 2021
Entity Owned 6-yr Hold Free & Clear
Property ID
US50-1885695
Property summary
AI-generated overview

This prime industrial land in Hernando, Mississippi, offers exceptional investment potential. Located in the thriving Nesbit Industrial Cove, this property boasts easy access to major transportation arteries, including Highway 51 and Interstates 55 and 269 (within approximately 0.8 miles of I-55 Pleasant Hill Road Interchange and half a mile from Highway 51 and Pleasant Hill interchange). The site features lots ranging from 1 to 6 acres, though not yet platted (a potential layout map is available). Existing infrastructure includes curb, gutter, natural gas, and electrical services. The area is experiencing significant growth, with recent development of office warehouse spaces. This presents a unique opportunity for businesses seeking to establish or expand their operations in a rapidly developing industrial hub. The property is zoned M-1, making it suitable for a variety of industrial uses. The land is priced at $3 per square foot. The APN is 208725000 0003700. The address is 1308 Nesbit Dr, Hernando, MS 38651. This is an excellent chance to secure a strategic location in a high-growth area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2021
Total area 3,940 SF
Lot 1.21 ac (52,626 SF)
Zoning code M-1
APN 2-08-7-25-13-0-00001-00
UPID US50-1885695
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sky Lake Construction LLC · 6 yrs held
Sky Lake Construction LLC
since 2020
2 recorded transactions
2020
Price N/A
2016
Price N/A
Zoning & alternative use
M-1 · Nesbit, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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