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    998 Hardy St Hattiesburg, MS 39401

    For Sale
    $155,000

    Prime Hattiesburg retail, 1438 sq ft.

    Property size:
    1,438 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail property, located at 998 Hardy St in Hattiesburg, Mississippi, presents a fantastic investment opportunity. The single-story, 1,438 square foot building sits on a 0.24-acre lot and is priced competitively at $155,000, or $121 per square foot. Constructed in 1972, the Class C property offers a single tenant occupancy. The building features a functional layout ideal for a variety of retail uses. Included in the sale are fixtures, fittings, and equipment (FF&E), such as a cooler, counter, and cash register, with the specifics negotiable. The property's address is 998 Hardy St, Hattiesburg, MS 39401, situated within Forrest County. Its convenient location within Hattiesburg offers excellent visibility and accessibility for customers. This is a rare opportunity to acquire a well-positioned retail space in a thriving Mississippi market. The property's size and price point make it an attractive option for both established businesses and new entrepreneurs seeking a foothold in the Hattiesburg retail scene. The existing FF&E provides a head start for a new owner, minimizing initial setup costs. Serious inquiries are encouraged to explore this promising investment further.

    Property Features for 998 Hardy St

    General Information

    Property type
    Retail properties
    Square Feet
    1,438 SF
    Class
    C
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • Single‑tenant occupancy.
    • High‑traffic location with excellent visibility.
    • Strong lease terms with a reputable tenant.
    • Well‑maintained building in excellent condition.
    • Ample parking available for tenants and customers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cash Depot Check Cashing Service Red Roof Spirits ... Liquor Store

    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
    -89.3054661
    Latitude
    31.3245189

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    FAQs

    What type of property is this?
    Retail property - Prime Hattiesburg retail, 1438 sq ft.
    Where is this retail property located?
    The property is located at 998 Hardy St Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Single-tenant occupancy.; High-traffic location with excellent visibility.; Strong lease terms with a reputable tenant.
    Request Owner's contact information
    998 Hardy St 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
    998 Hardy St Hattiesburg, MS 39401
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