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    Property profile & analytics
    FOR SALE
    Commercial land

    545 Star Landing Rd, Hernando, MS 38651

    Property ID
    US50-0267346
    Property summary
    AI-generated overview

    The available property is on the south side of Star Landing Rd. just west of U.S. Hwy. 51 which is west of I-55 in northern MS. This is an excellent commercial development opportunity at a busy and growing intersection which is contiguous to a “to be developed” retail center. The property is currently zoned AG-Res. however, it is adjacent to areas that are already approved for commercial uses so, it would be reasonable to assume that a zoning change to Commercial would be expected, allowing for a commercial use, resulting in a highest and best use of this property for future commercial development. A major part of this area is being developed or has been developed into residential uses with commercial developments planned or under construction.

    Property profile
    Verified
    Property type Commercial land
    UPID US50-0267346
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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