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    7127 Hwy 98 West Hattiesburg, MS 39402

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    For Lease
    $14 SF/Yr

    Retail space with high visibility on Highway 98 West.

    Property size:
    49,711 SF
    Lot size:
    49,711 SF

    Property Features for 7127 Hwy 98 West

    General Information

    Size
    49,711 SF

    Building Details

    Year built
    2008

    Source: Chamberlan Carothers, CCIM, CPM Agent Chamberlan Carothers, CCIM, CPM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Highway 98

    The Market at Bellevue is a retail property situated on over 7 acres, featuring over 515 feet of unobstructed frontage on Highway 98 West in Hattiesburg, Mississippi. The location benefits from a daily traffic count of over 25,000 vehicles. The property is located near the residential communities of Canebrake, Bellegrass, and Sandstone. The shopping center includes a grocery anchor, a bank, and medical offices. An end cap is available.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.43
    Latitude
    31.2957

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility on Highway 98 West.
    Where is this shopping center located?
    The property is located at 7127 Hwy 98 West Hattiesburg, MS.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Regional grocery anchored shopping center; - High visibility with over 515ft of unobstructed frontage on Hwy 98 West; - High traffic count of 25,000+ vehicles per day
    (601) 329-6692
    Request Owner's contact information
    7127 Hwy 98 West 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
    7127 Hwy 98 West Hattiesburg, MS 39402
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