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Lake Serene Mixed-Use Property

6633 Highway 98 West, Hattiesburg, MS 39402

For Sale
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Mixed-use property featuring residential and retail spaces on Lake Serene.

Property Size1 SF
Lot Size1.00 Acre
Price / SF$2,100,000
Days on Market2170

Property Features for 6633 Highway 98 West

General Information

Standard status Active
Size 1 SF
Lot size 1.00 Acre
Property subtype Land
Listing Agency: London & Stetelman
Listed By: Andy Stetelman,SIOR,GRI · License MS #8774
Source: Crexi
Added: Dec 3, 2020 Changed: Nov 2 Last Checked: Nov 10 at 9:03AM

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.

This property is located on Lake Serene and Highway 98 West. It includes a 6,000 square foot home that is currently rented, a fully rented four-plex, and retail frontage. The ownership is open to considering build-to-suit options and ground leases for potential tenants or buyers. The property is currently 100% rented, offering immediate income potential.

Key Highlights

  • Lake Serene frontage
  • Highway 98 West location
  • Income‑producing property with 100% rented 4‑Plex and retail frontage

Property Analytics

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

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Grocery & Convenience Store Plumbing Service Storage Facility Carpet & Flooring 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

350
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property featuring residential and retail spaces on Lake Serene.
Where is this mixed-use property located?
The property is located at 6633 Highway 98 West Hattiesburg, MS.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Lake Serene frontage; Highway 98 West location; Income‑producing property with 100% rented 4‑Plex and retail frontage
(601) 270-9933 Call to check price and availability
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