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Listed by Whit Starrett • The Land Company
$4,641,560
Est. payment /mo
1,219,680 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,219,680 sqft
Price per Sqft $3
MLS Listing ID 147176
Annual Tax Amount $143
Tax Year 143
Lot Size 28.000 Acres
Acres 28.0
Lot Dimensions 28 Acres +/-
Property Sub-Type Unimproved Land
Source Hattiesburg Area Association of REALTORS®
Property Description
Located at the highly visible intersection of Elks Lake Road and Highway 98 in Hattiesburg, this exceptional ±28-acre commercial tract presents a premier development opportunity within one of the area's fastest-growing commercial corridors. Situated directly across from the newly constructed Love's Travel Stop, the property offers outstanding visibility, excellent accessibility, and strong traffic exposure.
According to the latest 2024 traffic counts from the Mississippi Department of Transportation, approximately 26,000 vehicles travel through this corridor daily, making this an ideal location for businesses seeking maximum exposure and accessibility.
The property features approximately 950 feet of frontage along Elks Lake Road and approximately 1,300 feet of frontage along the Highway 98 off-ramp, providing exceptional access and visibility for future commercial development. Its strategic location makes it ideally suited for a wide range of uses including retail centers, restaurants, hotels, office space, industrial development, or mixed-use commercial projects.
Owners are willing to subdivide, offering flexibility for both large-scale developments and smaller commercial ventures. With continued commercial growth and increasing activity in the surrounding area, this property represents a rare opportunity to acquire premium commercial acreage in a highly desirable location.
According to the latest 2024 traffic counts from the Mississippi Department of Transportation, approximately 26,000 vehicles travel through this corridor daily, making this an ideal location for businesses seeking maximum exposure and accessibility.
The property features approximately 950 feet of frontage along Elks Lake Road and approximately 1,300 feet of frontage along the Highway 98 off-ramp, providing exceptional access and visibility for future commercial development. Its strategic location makes it ideally suited for a wide range of uses including retail centers, restaurants, hotels, office space, industrial development, or mixed-use commercial projects.
Owners are willing to subdivide, offering flexibility for both large-scale developments and smaller commercial ventures. With continued commercial growth and increasing activity in the surrounding area, this property represents a rare opportunity to acquire premium commercial acreage in a highly desirable location.
Location
State MS
County Forrest
Schools
High Schools Dixie
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