Highway Commercial Parcels For
6100 6104 & 6112 US Highway 49 Hattiesburg, MS 39401
For Sale
Contact for pricing
Six parcels totaling 1.43 AC near University of Southern Miss.
Property Size11,337 SF
Lot Size1.43 Acres
Price / SF$105.85
Days on Market153
Property Features for 6100 6104 & 6112 US Highway 49
General Information
- Standard status
- Active
- Size
- 11,337 SF
- Lot size
- 1.43 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1969
Listing Agency:
London & Stetelman
Listed By:
Andy Stetelman,SIOR,GRI · License #MS 8774
Source:
Crexi
Added: Feb 23
Changed: Jul 10
Last Checked: Jul 26 at 4:29AM
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
Investment Insights
Based on property information with market context.
Six parcels are available for sale, aggregating approximately 1.43 acres. The property is currently occupied by Napa Auto Parts, Urgent Care (ground lease), Cliffs Lube, and Lamar Outdoor. The location is situated between the University of Southern Mississippi and Forrest General Hospital.
Key Highlights
- Prime location between University of Southern Miss and Forrest General Hospital.
- Aggregate of 1.43 AC+_ across six parcels.
- Napa Auto Parts as a tenant.
Financial Insights For Retail
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 | $136.0k | $12.00 |
| − Vacancy | −$11.6k | −$1.02 |
| EGI | $124.5k | $10.98 |
| − OpEx | −$37.3k | −$3.29 |
| NOI | $87.1k | $7.69 |
11,337 SF · lease $12.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.24M
$1.09M – $1.45M
NOI $87,136 @ 7.0% cap · market cap 7.26%
Second Best
Industrial
$809.1K
$708.0K – $944.0K
NOI $56,639 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,602 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Cliff's Quick Lube — 6100 US 49, Hattiesburg, MS 39401
- Rainforest Express Lube — 1915 arcadia st, hattiesburg, ms 39401
- Hattiesburg Towing Pros — 2505 mimosa ln, hattiesburg, ms 39402
- All Around Towing — 208 S 27th Ave, Hattiesburg, MS 39401
- Rainforest Carwash & Oil Change Arcadia — 1915 Arcadia St, Hattiesburg, MS 39401
FAQs
What type of property is this?
Auto shop - Six parcels totaling 1.43 AC near University of Southern Miss.
Where is this auto shop located?
The property is located at 6100 6104 & 6112 US Highway 49 Hattiesburg, MS.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location between University of Southern Miss and Forrest General Hospital.; Aggregate of 1.43 AC+_ across six parcels.; Napa Auto Parts as a tenant.
