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    Property profile & analytics
    FOR SALE
    Commercial land

    2700 Highway 51 S Hernando, MS 38632

    Entity Owned 4-yr Hold
    Property ID
    US50-0121710
    2700 Highway 51 S, Hernando, MS 38632 For Sale 1 / 4
    $150,000
    2700 Highway 51 S, Hernando, MS 38632
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    Property summary
    AI-generated overview

    Commercial land opportunity 2 blocks south of the Courthouse and Town Square in Hernando, MS. Lot has frontage on Hwy 51, Park St, and Southern St. The downtown Hernando area is currently experiencing some changes. The addition of condo living combined with a vibrant restaurant environment over the last few years has been a catalyst for continued high end growth on the north side of the town square. Currently, the south side of the town square is beginning to see the same positive trajectory. New retail center, a Roundabout intersection, and a Townhouse development are the most recent projects planned between the Oak Grove/Hwy 51 intersection and the town square.

    Property profile
    Verified
    Property type Commercial land
    UPID US50-0121710
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Capital Investing INC · 4 yrs held
    Capital Investing INC
    since 2022
    1 recorded transaction
    2022
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    2700 Highway 51 S, Hernando, MS, 38632
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