5102 Old Highway 11 Hattiesburg, MS 39402
This exceptional Hattiesburg, Mississippi property presents a unique investment opportunity encompassing a substantial land holding ideal for diverse commercial, industrial, and agricultural uses. Located at 5102 Old Highway 11 in Lamar County, zip code 39402 (APN: 055L-21-005.000), this offering comprises two distinct parcels. The northern parcel, known as the Traylor parcel, boasts approximately 25.73 acres and is priced at $1.63 million. The southern parcel, the Lofton parcel, encompasses approximately 19.25 acres and is listed at $1.3 million. These parcels are also available for purchase together at a discounted aggregate price of $2.7 million, representing significant savings for a buyer seeking a larger land holding. The property's diverse zoning allows for a wide range of development possibilities, catering to various business needs and investment strategies. Its strategic location in Hattiesburg offers excellent access to transportation networks and a thriving local economy. The total acreage available ranges from 19.25 to 44.98 acres, providing flexibility for large-scale projects. This is a rare chance to acquire a substantial land asset in a rapidly growing area of Mississippi. The property's versatility makes it suitable for a variety of uses, including but not limited to agricultural operations, industrial facilities, commercial developments, and hospitality ventures. Don't miss this chance to secure a prime piece of Hattiesburg real estate.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.