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    10 Bellegrass Blvd Hattiesburg, MS 39402

    Sponsored
    For Sale
    $825,000

    Prime Hattiesburg Office Space, High Growth Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Class A office building at 10 Bellegrass Blvd., Hattiesburg, MS, presents a unique investment opportunity. The offering includes the entire lower level (over 4000 square feet), the building's shell, and a controlling interest in the four-member condo association. The spacious interior boasts three bathrooms, a large corner conference room, multiple office suites, and a break room. The layout is highly adaptable, allowing for easy division into two, or potentially three, separate suites. Historically, the space has leased at $18 per square foot annually, presenting significant upside potential through rent increases. The building was originally constructed by Walker Thrash for the current owner. This prime location within Hattiesburg's Bellegrass community center provides an impressive address to attract clients and customers. The current owner is open to the possibility of leasing back a portion of the space from the new owner. Showings are strictly by appointment only. The asking price for this exceptional property is $825,000. This is a rare opportunity to acquire a well-maintained, high-potential office building in a desirable location.

    Property Features for 10 Bellegrass Blvd

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    NewSong Wealth Management ... Financial Consultant

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Daycare Center Department Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.47015
    Latitude
    31.28553

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Hattiesburg Office Space, High Growth Potential
    Where is this office property / space located?
    The property is located at 10 Bellegrass Blvd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $825,000.
    (601) 545-3900
    Request Owner's contact information
    10 Bellegrass Blvd Hattiesburg, MS 39402
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    Hattiesburg, MS 39402
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    Realmo Value Estimation

    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.

    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.

    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
    10 Bellegrass Blvd Hattiesburg, MS 39402
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