0 W Commerce St
Hernando, MS 38632
Land For Sale · 1,100.00 AC

INVESTMENT HIGHLIGHTS
- Approved for 3,900 homes: single family detached, multi-family, and two mixed-use commercial areas including live/work homes.
- Only 13 miles from Memphis, 15 minutes from Memphis International Airport, and only 2 miles from 2 interstate highways.
- Approved 55+ Active Adult Neighborhood, Traditional Neighborhood Development (TND), and Conventional.
PROPERTY FACTS
DESCRIPTION
Property Details -Primed for development - 1,100 +/- acres of rolling preserved forested hills unspoiled after nearly 200 years in the same family. -A significant stand of intensively managed mixed hardwood and pine timber spans the majority of the property and is valued at well over a million dollars. -The balance of the property is tillable acreage which provides an annual income. -Approved master planned mixed use development. Planning by award winning Looney/Ricks/Kiss Architects. -Approved for 3,900 homes: single family detached, multi-family, and two mixed-use commercial areas including live/work homes. -Approved 55+ Active Adult Neighborhood, Traditional Neighborhood Development (TND), and Conventional Development. -Walkable neighborhoods surrounded by large preserved natural open spaces connected by walking/jogging and bike trails allow for higher density development while preserving the small-town feel. -Only a walkable two blocks to the quaint Hernando Town Square, “Hernando West” residents will enjoy the convenience to shops, restaurants, businesses, and community events. -“Hernando West” and its central location will make it a community wide destination to visit, explore, and a place to live. -Located in Desoto County, Mississippi - the fastest growing prosperous area in the state and mid-south area. -Only 13 miles from Memphis, 15 minutes from Memphis International Airport, and only 2 miles from 2 interstate highways. -Contiguous to three surrounding roads allow development to occur concurrently on the property. -Served by public water, electric, and gas. -Recently completed major sewer extension provides sewer availability to the entire site. Priced as a whole at $29,900,000. Sale of neighborhood areas or phases will be considered.
LINKS
Listing ID: 30753806
Date on Market: 1/24/2024
Last Updated:
Address: 0 W Commerce St, Hernando, MS 38632
The Land Property at 0 W Commerce St, Hernando, MS 38632 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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