9 N Major, Hattiesburg, MS
New warehouses off Hwy. 98W, build-to-suit options available.
- Added:
- Oct 1, 2024
- Days on Market:
- 618
- Last Refresh:
- May 20 at 9:04 pm
Property Features for 9 N Major
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 3.78 Acres
- Property subtype
- INDUSTRIAL
Listing agent Markus Simmons (601) 270-5965
Listing office London & Stetelman Realtors (601) 270-5965
Listing date Oct 1, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of London & Stetelman Realtors
HighLights
- High traffic location (32,000 VPD) off Hwy. 98W
- Build‑to‑suit options available within 60 days
- Owner will subdivide the property
- Located in the Lamar County School District
- Adjacent land available for purchase
- Located amongst high‑end subdivisions
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $7.44 |
| − Vacancy | −$3.5k | −$0.58 |
| EGI | $41.2k | $6.86 |
| − OpEx | −$6.2k | −$1.03 |
| NOI | $35.0k | $5.83 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- JD'S Cheap Tow — 610 West St, Hattiesburg, MS 39401
- U-Pack — 706 E Pine St, Hattiesburg, MS 39401
Map
- City
- Hattiesburg
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.2903
- Latitude
- 31.3271
