Listing Agency: London & Stetelman

Listed By: Andy Stetelman,SIOR,GRI · License #MS 8774

Source: Crexi

Added: Dec 3, 2020 Changed: Aug 14 Last Checked: Aug 29 at 11:28PM

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Investment Insights

Based on property information with market context.

This property is located on Lake Serene and Highway 98 West. It includes a 6,000 square foot home that is currently rented, a fully rented four-plex, and retail frontage. The ownership is open to considering build-to-suit options and ground leases for potential tenants or buyers. The property is currently 100% rented, offering immediate income potential.

Key Highlights

• Lake Serene frontage
• Highway 98 West location
• Income‑producing property with 100% rented 4‑Plex and retail frontage

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Grocery & Convenience Store Plumbing Service Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

Explore this area Business Placement

Demographics for 39402, MS

44,633

Population

18,780

Households

2.4

Avg Household Size

35

Median Age

46%

College-Educated

95%

High-School Grad

93.2 sq mi

ZIP Area

479

Density / Sq Mi

$71,254

Median Household Income

$41,552

Median Earnings

$1,183

Median Rent

$255,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use property featuring residential and retail spaces on Lake Serene.

Where is this mixed-use property located?

The property is located at 6633 Highway 98 West Hattiesburg, MS.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Lake Serene frontage; Highway 98 West location; Income‑producing property with 100% rented 4‑Plex and retail frontage