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    Specialty Commercial Parcel Title is generated by Realmo AI

    1000 S 17th Ave, Hattiesburg, MS 39401

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    For Sale
    $249,000

    COMMERCIAL - Hattiesburg, MS

    Lot size:
    0.37 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    92
    Last Refresh:
    Jun 5 at 10:06 pm

    Property Features for 1000 S 17th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
    Standard status
    Active
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Description
    COM SW CR BLK C N 175 POB N
    Tax Annual Amount
    2994

    We can help!

    Listing Contact
    Clyde Stewart

    Listing agent Clyde Stewart License #S-50754

    Listing office RE/MAX Real Estate Partners 119 MAYFAIR RD, Hattiesburg, MS

    Listing date Mar 5, 2026

    MLS# 146108

    Copyright © 2026 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location on S 17th Ave in Hattiesburg, offering excellent visibility and accessibility.
    • Ample parking with approximately 22 spaces, a desirable ratio for commercial properties.
    • Versatile office space, approximately 2,128 SF suitable for various professional uses.
    • Renovated in 2008, providing a modern and professional environment.
    • Excellent accessibility with 24‑hour building access and convenient connectivity to major thoroughfares.
    • Strong visibility and signage opportunities for enhanced brand presence.

    Overview

    This for-sale specialty commercial property is offered as a small parcel opportunity totaling 0.3685 acres. Based on the information provided, the offering is categorized as “Specialty properties” / “Other specialty properties,” under commercial real estate.

    The property is located at 1000 S 17th Ave in Hattiesburg, Mississippi 39401, within Forrest County. The listing information does not include building size, unit mix, or on-site improvements, so due diligence regarding any existing structures, utilities, and site conditions will be important.

    For buyers and operators seeking a compact commercial site in Hattiesburg, this parcel may be worth evaluating for small-scale specialty uses, depending on intended purpose and applicable requirements. Because the listing data does not specify zoning, allowable uses, or development constraints, prospective buyers should confirm permitted uses, site planning considerations, and any requirements with the appropriate local authorities prior to purchase. If you’d like, share your target use and timeline, and we can align next steps around what information is still needed for underwriting and site review.
    Property Profile Location Intelligence

    Current Use by Public Records

    Braid Me Krazy ... Hair Salon US Army Reserve ... Military Recruiting Office E-scential Giftbaskets Wedding ... Event Planning bijoux hair braiding Hair Salon BKS Calibration Services (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.314196
    Latitude
    31.311984

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    FAQs

    What type of property is this?
    Specialty property - For-sale specialty commercial parcel on South 17th Avenue in Hattiesburg, MS, sized for a variety of small-scale uses.
    Where is this specialty property located?
    The property is located at 1000 S 17th Ave Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Prime location on S 17th Ave in Hattiesburg, offering excellent visibility and accessibility.; Ample parking with approximately 22 spaces, a desirable ratio for commercial properties.; Versatile office space, approximately 2,128 SF suitable for various professional uses.
    (601) 270-6363
    We can help!
    Listing Contact
    Clyde Stewart
    Real Estate License ID: S-50754
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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