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    5198 Hwy 49 Hattiesburg, MS 39401

    Sponsored
    For Lease
    Contact for pricing

    Multiple suites, 39,429 sqft, 10 acres

    Lot size:
    39,429 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 5198 Highway 49 in Forrest County, offers a significant leasing opportunity. The property encompasses a total of 39,429 square feet across seven single-story buildings, ideal for warehouse and distribution operations. Currently, there are two available spaces totaling 1,800 square feet. The expansive lot size ranges from 10 to 34.44 acres, providing ample room for expansion, maneuvering, and potential future development. The buildings feature a total of four drive-in bays, enhancing efficiency for loading and unloading. This multi-tenant property is perfect for businesses seeking flexible space options within a well-established industrial area. The property's strategic location on Highway 49 offers excellent accessibility and visibility. With its substantial size, versatile layout, and convenient location, this property presents a compelling opportunity for businesses seeking to establish or expand their operations in Forrest County. The property is for lease and offers a unique combination of space, accessibility, and potential. Serious inquiries are encouraged to explore this exceptional industrial offering.

    Property Features for 5198 Hwy 49

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,429 SF

    Building Details

    Buildings
    7
    Stories
    1

    Unit(s) available at that property

    Space
    Ground lease
    Size
    0 SF
    Space
    Industrial Land Lease
    Size
    0 SF

    HighLights

    • 39,429 SF industrial warehouse and distribution facility.
    • Multiple tenants in a single building.
    • 1,800 SF of vacant space available.
    • Situated on 10 to 34.44 acres of land in Forrest County.
    • Seven buildings on the property, all single‑story.
    • Four drive‑in doors available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.2855679
    Latitude
    31.2694676

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    FAQs

    What type of property is this?
    Distribution property - Multiple suites, 39,429 sqft, 10 acres
    Where is this distribution property located?
    The property is located at 5198 Hwy 49 Hattiesburg, MS.
    What are key features of this property?
    This property features: 39,429 SF industrial warehouse and distribution facility.; Multiple tenants in a single building.; 1,800 SF of vacant space available.
    Request Owner's contact information
    5198 Hwy 49 Hattiesburg, MS 39401
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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
    5198 Hwy 49 Hattiesburg, MS 39401
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