22.65 Acre Lamar Blvd., Hattiesburg, MS 39402

$4,439,853
List Price
$4,439,853
Days on Market
980
Status
ACTIVE
MLS#
124081

Property Description

ATTENTION INVESTORS The City of Hattiesburg is investing in West Hattiesburg along Lamar Boulevard, Lincoln Road, and Hegwood Road and here is your opportunity to do the same. This 22.65 +/- acre Lamar County parcel is located adjacent to Regions Bank Headquarters and is ripe for Class A development opportunity. This area is classified as Hattiesburg's Regional Business District and is zoned B-5. The City of Hattiesburg has just completed phase 1 of its renovation to Lamar Boulevard where it has been resurfaced, curbed and guttered with storm water drainage, and freshly landscaped along the median. Phase II will include lighting from Hwy 98 to Lincoln Rd. while widening of Lincoln Rd. is currently underway. *An additional 3.46 +/- acre parcel adjoins this one to the west at the intersection of Hegwood Rd. and Lincoln Rd. and there is a 7.03 +/- acre parcel available on the east side of Lamar Blvd. that has recently been appraised and surveyed in to 3 smaller parcels of 2.57 +/- acres, 1.13 +/- acres, and 3.33 +/- acres. The 22.65 +/- acre parcel offers approximately 1,000' road frontage, while the location provides direct access to Highway 98 and Lincoln Road Extension. Utility infrastructure is in place with Pearl River Valley Electric serving the area with 3-phase power, while North Lamar Water Association has a 4" water main and the City of Hattiesburg has an 8" water main in place. Sewer is provided by the City of Hattiesburg and high-speed internet is offered by multiple providers. A portion of the site (frontage along west side of Lamar Blvd.) is prepped with 24" and 30" underground drainage ducts routed to an on-site retention pond. A wetlands study is on file along with development plans for a business park.

Additional Information

Area
Oak Grove
Taxes
$741
Flooring
See Remarks, Other

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Listing courtesy of South and Company Properties.