545 Star Landing Rd, Hernando, MS 38651
For Sale
1 / 5
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.
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.