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    421 Cole Rd Hattiesburg, MS 39402

    For Lease
    $600,000

    Newly built warehouse in growing area, owner can subdivide.

    Property size:
    7,100 SF
    Lot size:
    4.50 Acres

    Property Features for 421 Cole Rd

    General Information

    Size
    7,100 SF
    Lot size
    4.50 Acres

    Source: London & Stetelman Realtors Agent Markus Simmons

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

    Overview

    New Warehouse Near High-End Subdivisions

    This newly built warehouse is situated amongst some of Hattiesburg's largest and most high-end subdivisions. The property is located just off Hwy. 98W, which has a traffic count of 32,000 vehicles per day. The owner has the capacity to build to suit offices or retail spaces within 60 days. The owner is also willing to subdivide the property. Adjacent land is available for purchase in conjunction with this property. Located in the Lamar County School District, recognized as one of the state's top public school districts. Lamar County was the 2nd fastest growing county in the state of Mississippi between the 2010 and 2020 Censuses. The property has 7100 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store

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

    Similar Places Nearby

    Tellus Self Storage - Hattiesburg

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.4436221
    Latitude
    31.3187184

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    FAQs

    What type of property is this?
    Warehouse - Newly built warehouse in growing area, owner can subdivide.
    Where is this warehouse located?
    The property is located at 421 Cole Rd Hattiesburg, MS.
    What are key features of this property?
    This property features: - Located just off Hwy. 98W with **high traffic count (32,000 VPD)**; - Owner can build to suit offices/retail within 60 days; - Owner will subdivide the property
    (601) 270-5965
    Request Owner's contact information
    421 Cole Rd 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
    421 Cole Rd Hattiesburg, MS 39402
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