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W Commerce St
Hernando, MS 38632

Hernando West · Land For Sale · 1,100.00 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 1,100.00 AC

DESCRIPTION

PROPERTY DETAILS -Primed for development - 1,100 +/- acres of rolling preserved forested hills unspoiled after nearly 200 years in the same family. -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. -Significant timber and tillable acreage. From NAHB 2021, “What Home Buyers Really Want”: “The top 5 most wanted community features are walking/jogging trails, a typically suburban neighborhood, a park area, being near retail space, and a walkable community. Most buyers of every generation want these features, evidence that regardless of age, buyers will respond positively to their presence in a community.” Priced as a whole at $29,900,000. Sale of neighborhood areas will be considered.

  • Listing ID: 29230823

  • Date on Market: 8/9/2023

  • Last Updated:

  • Address: W Commerce St, Hernando, MS 38632