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    2561 Old Highway 24 Hattiesburg, MS 39402

    Sponsored
    For Sale
    $275,000

    Vacant Daycare, 6,095 SF, $275,000

    Property size:
    6,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This vacant 6,095 square foot daycare center presents a unique investment opportunity in Hattiesburg, Mississippi. Located at 2561 Old Highway 24, this single-story, 1950-built property sits on a 0.83-acre lot and is ideally situated adjacent to Oakgrove Middle School. The asking price is $275,000, translating to a price per square foot of $45.12. Currently vacant, this property offers significant potential for a new daycare operator or a savvy investor seeking to reposition the space. The building's size and location make it well-suited for a variety of uses, subject to local zoning regulations. The property includes existing playground equipment, which is negotiable as part of the sale. The building consists of one structure with one story. This is a rare opportunity to acquire a substantial commercial property in a desirable location with strong potential for future growth. The property's history as a daycare center provides a solid foundation for continued use in this sector, or allows for creative repurposing. Serious inquiries are encouraged to explore this promising investment. All information is deemed reliable but not guaranteed.

    Property Features for 2561 Old Highway 24

    General Information

    Property type
    Day care centers
    Square Feet
    6,095 SF
    Lot Size
    36,155 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    HighLights

    • $275,000 asking price for this vacant retail property.
    • 6,095 square foot building on a 0.83‑acre lot.
    • Located at 2561 Old Highway 24, Hattiesburg, MS 39402.
    • Previously operated as a daycare, situated near Oakgrove Middle School.
    • Single‑story, 1950 construction.
    • Playground equipment is negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Oak Grove Learning ... Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4174903
    Latitude
    31.285826

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    FAQs

    What type of property is this?
    Day care center - Vacant Daycare, 6,095 SF, $275,000
    Where is this day care center located?
    The property is located at 2561 Old Highway 24 Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price for this vacant retail property.; 6,095 square foot building on a 0.83-acre lot.; Located at 2561 Old Highway 24, Hattiesburg, MS 39402.
    Request Owner's contact information
    2561 Old Highway 24 Hattiesburg, MS 39402
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    Hattiesburg, MS 39402
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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
    2561 Old Highway 24 Hattiesburg, MS 39402
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