1308 Nesbit Dr Nesbit, MS 38651-6030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Nesbit, MSCosts & 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.