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    5370 Old Highway 42 Hattiesburg, MS 39402

    For Lease
    $1,400,000

    244,758 SF warehouse/industrial space on 12.53 acres for lease.

    Property size:
    244,758 SF
    Lot size:
    13.03 Acres

    Property Features for 5370 Old Highway 42

    General Information

    Size
    244,758 SF
    Lot size
    13.03 Acres

    Source: Gulf States Commercial Properties, LLC Agent Josh Blackledge, CCIM

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

    Overview

    Hattiesburg Warehouse and Industrial Space

    The property offers approximately 244,758 square feet of space situated on 12.53 acres. The structure, last renovated in 1994, is zoned I-1, B-3, and R-1B across multiple parcels. The clear height ranges from 10 to 22 feet. The site is located within a Designated Opportunity Zone and appears to be outside of a Flood Hazard Zone. The property is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Clothing Store Auto Repair Shop Wholesale Shop Garden Center Storage Facility Senior Center

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

    Similar Places Nearby

    Tellus Self Storage - Sims

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.4464305
    Latitude
    31.336101

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    FAQs

    What type of property is this?
    Warehouse - 244,758 SF warehouse/industrial space on 12.53 acres for lease.
    Where is this warehouse located?
    The property is located at 5370 Old Highway 42 Hattiesburg, MS.
    What are key features of this property?
    This property features: - Approximately 244,758 SF building size.; - Significant land acreage of 12.53 acres.; - Multiple zoning designations: I-1, B-3, and R-1B.
    (601) 323-0157
    Request Owner's contact information
    5370 Old Highway 42 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
    5370 Old Highway 42 Hattiesburg, MS 39402
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