Bank Ordered Auction – 58+/- Acres of C-2 Commercial Land Near I-269 & I-55

An excellent opportunity to acquire approximately 58.5 acres of commercially zoned land in Hernando, Mississippi. Located near I-269 and I-55, the property offers strong visibility, convenient regional access, and flexibility for a variety of commercial and development uses.

• Prime Commercial Opportunity: 58.5 +/- Acres of Development Property in the Thriving Hernando, MS Market.
• C-2 Commercial Zoning: Flexible Zoning Suitable for a Variety of Commercial and Development Uses
• Ready to Develop: Adjacent to New Business and Existing Residential
• Strategic Interstate Location: Conveniently Located Adjacent I-269 near I-55, Providing Excellent Regional Access and Connectivity.
• High-Visibility Location: Strong Positioning for Retail, Hospitality, Entertainment, Mixed-use, or Other Commercial Development.
• Significant Development Potential: Nearly 60 Acres Provides Ample Space for a Large-Scale Commercial Project or Future Expansion.
• Growing DeSoto County Market: Located in One of North Mississippi’s Strongest and Fastest-Growing Commercial Areas.
• Memphis Metro Access: Easy Access to the Greater Memphis Area and a Large Regional Customer and Workforce Base.
• Excellent Investment Potential: Large Acreage, Commercial Zoning, and a Strategic Location Create Strong Long-Term Development and Investment Opportunities.
• Rare Large-Scale Offering: A Unique Opportunity to Acquire a Substantial Commercially Zoned Tract with Excellent Interstate Proximity.

 

Tranzon Asset Advisors, Tim Mast, MS Auctioneer & Broker #1087

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact T. Wyatt Mast

T. Wyatt Mast: Tranzon Atlas

731-610-2256 wmast@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 35-Day closing, sold in As-Is, Where-Is condition, no contingencies.
• Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
• Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.