Three-Suite Office
New
For Sale
Contact for pricing
8 Woodstone Plz, Hattiesburg, MS 39402
One suite is occupied by a medical user, with two additional suites in the building.
Property Size6,588 SF
Price / SF$147
Days on Market5
Property Features for 8 Woodstone Plz
General Information
Standard status
Active
Size
6,588 SF
Property subtype
OFFICE
Additional Details
Office Units
3
Tenant in Place
Yes
Property Use
Office; Medical Office
Building Details
Buildings
1
Listing Agency:
London & Stetelman Realtors
(601) 268-8770
Listed By:
Markus Simmons · License #MS S-56296
(601) 270-5965
Source:
Moodyscre
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 30 at 2:55PM
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 Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,588-square-foot office building is configured as three suites. One suite is leased for medical use, while the other two provide additional office space within the property.
The building is in Woodstone Plaza, an established office location in Hattiesburg, Mississippi. Its multi-suite layout supports professional, administrative, or corporate office use.
The building is in Woodstone Plaza, an established office location in Hattiesburg, Mississippi. Its multi-suite layout supports professional, administrative, or corporate office use.
Key Highlights
- 6,588‑square‑foot office building
- Three suites, including one leased for medical use
- Located in Woodstone Plaza in Hattiesburg, Mississippi
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,497
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,109,940
$1.1M
Cap Rate 7%
$792,814
$792.8K
Cap Rate 9%
$616,633
$616.6K
Market Conditions
NOI Build-Up for 6,588 SF
Gross rent
$94.9K $14.40/SF
− Vacancy
−$20.9K −$3.17/SF
EGI
$74.0K $11.23/SF
− OpEx
−$18.5K −$2.81/SF
NOI
$55.5K $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%
$1,109,940
Cap Rate 7%
$792,814
Cap Rate 9%
$616,633
Alternative Uses
Best Use
Office B
$792.8K
$693.7K – $925.0K
NOI $55,497 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.7K – $1.26M
NOI $75,894 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Office building - One suite is occupied by a medical user, with two additional suites in the building.
Where is this office building located?
The property is located at 8 Woodstone Plz Hattiesburg, MS.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 6,588‑square‑foot office building; Three suites, including one leased for medical use; Located in Woodstone Plaza in Hattiesburg, Mississippi
