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Listed by Michael Mitchell • South and Company Properties
$ 465,000
Est. payment | /mo
1,089,000 SqFt
$ 465,000
Est. payment | /mo
1,089,000 SqFt
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,089,000 sqft
Price per Sqft $0
MLS Listing ID 145846
Annual Tax Amount $1,351
Tax Year 1351
Lot Size 25.000 Acres
Acres 25.0
Lot Dimensions 25.7 Acres more or less
Property Sub-Type Residential Land
Source Hattiesburg Area Association of REALTORS®
Property Description
25.7± acres located along US Highway 49 South in unincorporated Forrest County, Mississippi, offering approximately 725 feet of Highway 49 frontage and strong visibility along a primary north-south corridor. According to 2024 Mississippi Department of Transportation data, this
stretch of Hwy 49 carries approximately 14,000 vehicles per day (AADT), supporting a range of potential commercial, service, light industrial, or storage-oriented uses.
The property is situated outside the city limits of Hattiesburg and lies within unincorporated Forrest County. Per written correspondence from the county, there are currently no county
zoning requirements or building permit requirements applicable to this property, subject to applicable subdivision, floodplain, and stormwater ordinances.
The tract features rolling topography and is predominantly open, with scattered pine and hardwood trees throughout. Approximately 4± acres along the highway have been cleared,
providing a strong footprint for future development or expansion. Two ponds enhance the overall setting and allow flexibility for continued residential rental use, additional income producing improvements, or phased development.
Utilities include power through Pear River Valley Electric, community water through Brooklyn
Utility Association, and fiber internet availability (Dixie Net and AT&T).
Improvements consist of four rental cottages overlooking the pond and one additional rental house toward the rear of the property. The five units collectively generate approximately $43,000+ in annual gross rental income, offering immediate cash flow while preserving future development potential along the highway frontage.
With its combination of income production, highway exposure, traffic volume, utility access, and location approximately 17 miles from Hattiesburg and within roughly 100 miles of Gulfport,
Mobile, New Orleans, and Jackson, this property presents a high-exposure Highway 49 corridor opportunity combining existing income with long-term commercial and development flexibility.
Additional information available upon request.
stretch of Hwy 49 carries approximately 14,000 vehicles per day (AADT), supporting a range of potential commercial, service, light industrial, or storage-oriented uses.
The property is situated outside the city limits of Hattiesburg and lies within unincorporated Forrest County. Per written correspondence from the county, there are currently no county
zoning requirements or building permit requirements applicable to this property, subject to applicable subdivision, floodplain, and stormwater ordinances.
The tract features rolling topography and is predominantly open, with scattered pine and hardwood trees throughout. Approximately 4± acres along the highway have been cleared,
providing a strong footprint for future development or expansion. Two ponds enhance the overall setting and allow flexibility for continued residential rental use, additional income producing improvements, or phased development.
Utilities include power through Pear River Valley Electric, community water through Brooklyn
Utility Association, and fiber internet availability (Dixie Net and AT&T).
Improvements consist of four rental cottages overlooking the pond and one additional rental house toward the rear of the property. The five units collectively generate approximately $43,000+ in annual gross rental income, offering immediate cash flow while preserving future development potential along the highway frontage.
With its combination of income production, highway exposure, traffic volume, utility access, and location approximately 17 miles from Hattiesburg and within roughly 100 miles of Gulfport,
Mobile, New Orleans, and Jackson, this property presents a high-exposure Highway 49 corridor opportunity combining existing income with long-term commercial and development flexibility.
Additional information available upon request.
Location
State MS
County Forrest
Schools
High Schools Forrest County
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