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    1002 Pine St Hattiesburg, MS 39401

    Sponsored
    For Sale
    $425,000

    Prime Hattiesburg location, multi-use potential.

    Property size:
    3,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Hattiesburg, Mississippi property at 1002 W Pine St presents a unique investment opportunity. The offering encompasses two buildings situated on a substantial 1.68-acre lot, providing ample space for expansion or additional parking. The main building boasts 3,796 square feet of retail space, with a net rentable area of 2,935 square feet, currently configured to accommodate a daycare/nursery, restaurant, and bar. The asking price is $425,000, translating to a price per square foot of $144.80. Adding to the property's versatility is a detached three-car garage featuring an approximately 900 square foot apartment above. Furthermore, the property includes a roughly 800 square foot finished attic and a 400 square foot basement, offering significant additional space. The property's historic charm is evident in its architectural details, and its location next to a new overpass connecting to West Pine Street promises increased visibility and accessibility. With three on-site parking spaces and the potential for expansion, this property is ideally suited for a variety of uses and represents a compelling investment in a thriving Mississippi market. The property is located in Forrest County, Mississippi, zip code 39401.

    Property Features for 1002 Pine St

    General Information

    Property type
    Day care centers
    Square Feet
    3,796 SF
    Lot Size
    73,181 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • Exceptional Hattiesburg, MS investment opportunity: Two buildings on a 1.68‑acre lot.
    • Main building offers 2,935 square feet of net rentable retail space, currently used as a daycare/nursery, restaurant, and bar. Asking price: $425,000 ($144.80/SF).
    • Includes a detached three‑car garage with a 900 SF apartment above.
    • Features additional 800 SF finished attic and 400 SF basement.
    • Prime location near a new overpass on West Pine Street, offering high visibility and accessibility; three on‑site parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.2993575
    Latitude
    31.3183265

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    FAQs

    What type of property is this?
    Day care center - Prime Hattiesburg location, multi-use potential.
    Where is this day care center located?
    The property is located at 1002 Pine St Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Exceptional Hattiesburg, MS investment opportunity: Two buildings on a 1.68-acre lot.; Main building offers 2,935 square feet of net rentable retail space, currently used as a daycare/nursery, restaurant, and bar. Asking price: $425,000 ($144.80/SF).; Includes a detached three-car garage with a 900 SF apartment above.
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    Hattiesburg, MS 39401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 Pine St Hattiesburg, MS 39401
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