Courtesy of: Michael Mitchell, South and Company Properties, mike@southandcompanyproperties.com
Courtesy of: Michael Mitchell, South and Company Properties, mike@southandcompanyproperties.com
$465,000
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Lot: 25.70 Acres
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Single Family Residence
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$465,000
25.7 AC Highway 49 South 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.
Courtesy of: Michael Mitchell, South and Company Properties, mike@southandcompanyproperties.com
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