Storefront Property with Reception
New
For Sale
$265,000
6230 Hwy 49, Hattiesburg, MS 39401
COMMERCIAL - Hattiesburg, MS
Property Size1,830 SF
Lot Size0.35 Acres
Price / SF$144.81
Days on Market2
Property Features for 6230 Hwy 49
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MX-3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Subdivision
Hattiesburg Northeast
Standard status
Active
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BG 369.95FT W & 986FT N SE CR NW1/4NW1/4 W 139.5FT N 108FT E139.5FT S 108FT TO BG PREV #:H1013-00-045
Tax Annual Amount
3222
Legal Description
BG 369.95FT W & 986FT N SE CR NW1/4NW1/4 W 139.5FT N 108FT E139.5FT S 108FT TO BG PREV #:H1013-00-045
Utilities
Utilities
Cable Available
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air, Window Unit(s)
Amenities
reception area
restrooms plumbed for showers
detached storage building
Building Details
Flooring type
Tile, Wood
Building materials
Wood Frame
Listing Agency:
RE/MAX Real Estate Partners · RE/MAX International
(601) 296-2001
Listed By:
Dalton Selby · License #S-55308
(256) 698-0845
Added: Aug 12
Last Checked: Aug 13 at 1:06AM
MLS# 148300
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 storefront property includes approximately 1,830 square feet on approximately 0.35 acre. The interior provides a reception area and two restrooms, each plumbed for showers, with tile and wood flooring. Central heating, natural gas heating, central air, electric cooling, and window unit cooling are listed among the building systems.
The property is located at 6230 Hwy 49 in Hattiesburg, within city limits and the Longleaf Village area of the Avenues master-planned development. Its position along Highway 49 provides visibility and convenient access to The University of Southern Mississippi, Forrest General Hospital, Hattiesburg Clinic, Midtown, Downtown Hattiesburg, and other business and medical hubs.
The site includes on-site parking, a detached storage building, and room on the right side and rear for expansion potential or additional improvements. MX-3 zoning applies. The offering is for real estate only; the existing business and its trade name, branding, goodwill, equipment, furniture, inventory, and other business assets are excluded.
The property is located at 6230 Hwy 49 in Hattiesburg, within city limits and the Longleaf Village area of the Avenues master-planned development. Its position along Highway 49 provides visibility and convenient access to The University of Southern Mississippi, Forrest General Hospital, Hattiesburg Clinic, Midtown, Downtown Hattiesburg, and other business and medical hubs.
The site includes on-site parking, a detached storage building, and room on the right side and rear for expansion potential or additional improvements. MX-3 zoning applies. The offering is for real estate only; the existing business and its trade name, branding, goodwill, equipment, furniture, inventory, and other business assets are excluded.
Key Highlights
- Approximately 1,830 square foot commercial building on approximately 0.35 acre
- Visibility along Highway 49 at 6230 Hwy 49, Hattiesburg, MS 39401
- MX‑3 zoning within Hattiesburg city limits
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,300
$281.3K
Cap Rate 7%
$200,929
$200.9K
Cap Rate 9%
$156,278
$156.3K
Market Conditions
NOI Build-Up for 1,830 SF
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.
Gross rent
$22.0K $12.00/SF
− Vacancy
−$1.9K −$1.02/SF
EGI
$20.1K $10.98/SF
− OpEx
−$6.0K −$3.29/SF
NOI
$14.1K $7.69/SF
Area
Forrest County, MS
Vacancy
8.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$281,300
Cap Rate 7%
$200,929
Cap Rate 9%
$156,278
Alternative Uses
Best Use
Retail
$200.9K
$175.8K – $234.4K
NOI $14,065 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.2K
$263.5K – $351.4K
NOI $21,082 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
4,891 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - MX-3-zoned commercial building with two restrooms plumbed for showers and access to established business and medical destinations.
Where is this storefront property located?
The property is located at 6230 Hwy 49 Hattiesburg, MS.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Approximately 1,830 square foot commercial building on approximately 0.35 acre; Visibility along Highway 49 at 6230 Hwy 49, Hattiesburg, MS 39401; MX‑3 zoning within Hattiesburg city limits
