Medical Office
New
For Sale
$145,000
332 N 25th Ave, Hattiesburg, MS 39401
COMMERCIAL - Hattiesburg, MS
Property Size1,245 SF
Price / SF$116.47
Days on Market2
Property Features for 332 N 25th Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MX-2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Subdivision
Hattiesburg Northeast
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Description
BG 925FT N & 239.95FT W SE COR NW1/4 NW1/4 W 130FT N 70FT E 130FT S 70FT TO BG
Tax Annual Amount
2163
Legal Description
BG 925FT N & 239.95FT W SE COR NW1/4 NW1/4 W 130FT N 70FT E 130FT S 70FT TO BG
Utilities
Utilities
Cable Available
Heating system
Natural Gas
Cooling system
Electric
Building Details
Flooring type
Vinyl, Tile
Building materials
Wood Frame
Listing Agency:
Cranford & Company
(601) 450-1020
Listed By:
Chad Cranford · License #B-20252
(601) 408-5893
Added: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 148180
Copyright © 2026 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,245+/- square foot medical office building is currently configured for chiropractic care and massage therapy. The flexible professional layout includes a bathroom, tile and vinyl flooring, natural gas heating, electric cooling, and cable availability. Wood-frame construction supports a practical office setting for continued healthcare use or another professional operation identified in the listing information.
The property is located at 332 N 25th Ave in Hattiesburg, with access to U.S. Highway 49. The University of Southern Mississippi, Forrest General Hospital, and Midtown are each described as minutes away, placing the office within a convenient business corridor. The stated use possibilities include medical, wellness, counseling, legal, insurance, accounting, financial services, salon/spa, and general office applications.
The property is located at 332 N 25th Ave in Hattiesburg, with access to U.S. Highway 49. The University of Southern Mississippi, Forrest General Hospital, and Midtown are each described as minutes away, placing the office within a convenient business corridor. The stated use possibilities include medical, wellness, counseling, legal, insurance, accounting, financial services, salon/spa, and general office applications.
Key Highlights
- 1,245+/- square foot professional office building
- Currently configured for chiropractic care and massage therapy
- Tile and vinyl flooring throughout the office
Financial Insights For Healthcare Medical
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 | $21.7k | $17.40 |
| − Vacancy | −$2.3k | −$1.83 |
| EGI | $19.4k | $15.57 |
| − OpEx | −$7.8k | −$6.23 |
| NOI | $11.6k | $9.34 |
1,245 SF · lease $17.40/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$166.2K
$145.4K – $193.9K
NOI $11,633 @ 7.0% cap · market cap 8.02%
Second Best
Office B
$149.8K
$131.1K – $174.8K
NOI $10,488 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$204.9K
$179.3K – $239.0K
NOI $14,342 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39401, MS
43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The existing setup supports chiropractic care and massage therapy within a versatile professional setting.
Where is this medical office space located?
The property is located at 332 N 25th Ave Hattiesburg, MS.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,245+/- square foot professional office building; Currently configured for chiropractic care and massage therapy; Tile and vinyl flooring throughout the office
