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Professional Office Building
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5299 Old Highway 11, Hattiesburg, MS 39402

Office property offered for sale with potential leasing of the entire building or a portion of the premises.

Property SizeContact for details
Days on Market56

Property Features for 5299 Old Highway 11

General Information

Standard status Active
Property subtype Office
Listing Agency: London & Stetelman
Listed By: Andy Stetelman,SIOR,GRI · License #MS 8774
Source: Crexi
Added: Aug 31 Changed: Oct 10 Last Checked: Oct 24 at 5:33PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a professional office building at 5299 Old Highway 11 in Hattiesburg, Mississippi. The sale is subject to transfer or assignment of the 16th Section School ground lease. The seller is open to leasing the full building or part of the premises, providing flexibility for parties evaluating either ownership or occupancy.

Key Highlights

  • Professional office building at 5299 Old Highway 11, Hattiesburg, MS 39402
  • Sale subject to transfer or assignment of the 16th Section School ground lease
  • Seller will consider leasing all or part of the building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Bakery Butcher Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 39402, MS

44,633
Population
18,780
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
93.2 sq mi
ZIP Area
479
Density / Sq Mi
$71,254
Median Household Income
$41,552
Median Earnings
$1,183
Median Rent
$255,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office property offered for sale with potential leasing of the entire building or a portion of the premises.
Where is this office building located?
The property is located at 5299 Old Highway 11 Hattiesburg, MS.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Professional office building at 5299 Old Highway 11, Hattiesburg, MS 39402; Sale subject to transfer or assignment of the 16th Section School ground lease; Seller will consider leasing all or part of the building
More about this property
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