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    6633 Hwy 98 Hattiesburg, MS 39402

    Sponsored
    For Lease
    Contact for pricing

    Lakefront Office & Retail Opportunity

    Lot size:
    5,353 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lamar County property boasts a prime location on Highway 98 West, offering stunning lake views. The 2.09-acre lot encompasses a 5,353 square foot office building with multiple tenancies, currently featuring two available spaces. Beyond the main office structure, the property includes a substantial 7,000+ square foot home, a four-plex residential building, and valuable retail frontage along the highway. The extensive grounds are naturally landscaped, featuring a prolific growth of blueberry bushes. This unique offering presents a compelling investment opportunity, combining diverse income streams from office, residential, and retail uses. The significant vacant land (92,473 sq ft) offers considerable potential for expansion or redevelopment. The property's strategic location on a major highway and its picturesque lake setting provide exceptional visibility and appeal. This is a rare chance to acquire a multi-faceted commercial property with significant upside potential in a desirable location. The existing structures are well-maintained and offer immediate income generation, while the ample vacant land allows for future growth and development. Serious inquiries are encouraged.

    Property Features for 6633 Hwy 98

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,353 SF

    Unit(s) available at that property

    Space
    Suite 6633 US Highway 98
    Size
    5,353 SF
    Space
    Available Space
    Size
    0 SF

    HighLights

    • Office and land property totaling 5,353 square feet.
    • Two executive office spaces available.
    • 2.09‑acre lot in Lamar County.
    • Property includes a large home (7,000+ sq ft), a fourplex, and retail frontage.
    • Located on Highway 98 West with lake frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4264327
    Latitude
    31.3178184

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    FAQs

    What type of property is this?
    Land - Lakefront Office & Retail Opportunity
    Where is this land located?
    The property is located at 6633 Hwy 98 Hattiesburg, MS.
    What are key features of this property?
    This property features: Office and land property totaling 5,353 square feet.; Two executive office spaces available.; 2.09-acre lot in Lamar County.
    Request Owner's contact information
    6633 Hwy 98 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
    6633 Hwy 98 Hattiesburg, MS 39402
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