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    Hospital Dr Hattiesburg, MS 39402

    For Sale
    $375,000

    Prime Medical/Dental Land - Hattiesburg, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 22,884 square foot commercial land parcel presents a unique investment opportunity in the heart of Hattiesburg, Mississippi. Located on the Wesley campus, this property boasts a highly desirable B-5 zoning designation, perfectly suited for the development of a medical or dental clinic. The lot is situated on a cul-de-sac off East Hospital Drive, providing excellent visibility and accessibility. Its convenient location offers immediate proximity to established businesses, including Pine Belt Dermatology, ensuring high traffic and a strong patient base. The address is 198 E Hospital Dr, Hattiesburg, MS 39402, within Forrest and Lamar Counties. This prime location offers significant potential for growth and return on investment. The asking price for this exceptional property is $375,000. The property's strategic placement within a thriving medical corridor makes it an ideal site for a new medical facility or expansion of existing services. This is the only available land for sale on the Wesley campus, representing a rare opportunity to secure a highly sought-after location. Don't miss this chance to acquire a piece of Hattiesburg's burgeoning healthcare landscape. The coordinates are approximately 31.324° N, 89.366° W.

    Property Features for 0 Hospital Dr

    General Information

    Property type
    Land

    HighLights

    • $375,000 asking price for 22,884 SF of commercial land.
    • Located on Wesley Circle cul‑de‑sac off East Hospital Drive in Hattiesburg, MS.
    • Zoned B‑5, suitable for medical or dental clinic.
    • Adjacent to Pine Belt Dermatology.
    • Located in Forrest County, MS, zip code 39402.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.366200437867
    Latitude
    31.323992423174

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    FAQs

    What type of property is this?
    Land - Prime Medical/Dental Land - Hattiesburg, MS
    Where is this land located?
    The property is located at Hospital Dr Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price for 22,884 SF of commercial land.; Located on Wesley Circle cul-de-sac off East Hospital Drive in Hattiesburg, MS.; Zoned B-5, suitable for medical or dental clinic.
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    Hospital Dr 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
    Hospital Dr Hattiesburg, MS 39402
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