Property profile

5102 Old Highway 11 Hattiesburg, MS 39402

OFF-MARKET
Retail properties & Spaces
Property ID
US50-0441369
19.25 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 19.25 ac (838,530 SF)
UPID US50-0441369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5102 Old Highway 11 Hattiesburg, MS 39402
Hattiesburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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