Retail Building with Highway
For Sale
Contact for pricing
6230 Hwy 49, Hattiesburg, MS 39401
MX-3-zoned commercial building with reception space, two restrooms, detached storage, and on-site parking.
Property Size1,830 SF
Lot Size0.35 Acres
Price / SF$144.81
Days on Market56
Property Features for 6230 Hwy 49
General Information
Standard status
Active
Size
1,830 SF
Lot size
0.35 Acres
Property subtype
Retail, Office, Hospitality
Zoning
MX-3
Amenities
reception area
restrooms plumbed for showers
detached storage building
Building Details
Year Built
1955
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX Real Estate Partners
Listed By:
Dalton Selby · License #S-55308
(256) 698-0845
Source:
Crexi
Added: Aug 13
Changed: Sep 22
Last Checked: Oct 5 at 4:20PM
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 RE/MAX Real Estate Partners
Investment Insights
Based on property information with market context.
This 1,830-square-foot commercial building sits on approximately 0.35 acre and is zoned MX-3. The interior includes a reception area and two restrooms, each plumbed for showers. A detached storage building adds functional support space, while the lot provides on-site parking and room for additional improvements along the right side and rear of the property.
The property fronts Highway 49 within Hattiesburg city limits, with access to The University of Southern Mississippi, Forrest General Hospital, Hattiesburg Clinic, Midtown, Downtown Hattiesburg, and other business and medical hubs. The building was constructed in 1955. The offering includes real estate only; the existing business and its trade name, branding, goodwill, equipment, furniture, inventory, and other business assets are excluded.
The property fronts Highway 49 within Hattiesburg city limits, with access to The University of Southern Mississippi, Forrest General Hospital, Hattiesburg Clinic, Midtown, Downtown Hattiesburg, and other business and medical hubs. The building was constructed in 1955. The offering includes real estate only; the existing business and its trade name, branding, goodwill, equipment, furniture, inventory, and other business assets are excluded.
Key Highlights
- Approximately 0.35 acre with an 1,830‑square‑foot commercial building
- MX‑3 zoning within Hattiesburg city limits
- Highway 49 frontage with access to major business and medical hubs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,416
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,320
$308.3K
Cap Rate 7%
$220,229
$220.2K
Cap Rate 9%
$171,289
$171.3K
Market Conditions
NOI Build-Up for 1,830 SF
Gross rent
$26.4K $14.40/SF
− Vacancy
−$5.8K −$3.17/SF
EGI
$20.6K $11.23/SF
− OpEx
−$5.1K −$2.81/SF
NOI
$15.4K $8.42/SF
Area
Forrest County, MS
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,320
Cap Rate 7%
$220,229
Cap Rate 9%
$171,289
Alternative Uses
Best Use
Office B
$220.2K
$192.7K – $256.9K
NOI $15,416 @ 7.0% cap · market cap 5.82%
Second Best
Retail
$200.9K
$175.8K – $234.4K
NOI $14,065 @ 7.0% cap · market cap 5.31%
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
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Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Retail space - MX-3-zoned commercial building with reception space, two restrooms, detached storage, and on-site parking.
Where is this retail space 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 0.35 acre with an 1,830‑square‑foot commercial building; MX‑3 zoning within Hattiesburg city limits; Highway 49 frontage with access to major business and medical hubs
