6194 Us-98 Hattiesburg, MS 39402
This exceptional 6,108 square foot commercial property, located at 6194 US-98 in Hattiesburg, Mississippi (zip code 39402), presents a unique investment opportunity. The single-story building sits on a substantial 121,532 square foot lot, offering ample space for various uses. Currently configured as a blend of office, industrial, and flex space, it's ideal for businesses requiring a combination of these functionalities. The property includes three dock-high doors, catering to efficient loading and unloading. Priced at $1,400,000 ($8.02 per square foot), this represents a compelling value in Hattiesburg's desirable Highway 98 West corridor. The land itself is valued at approximately $349,462 per acre. The property benefits from excellent visibility and access directly from Highway 98 West, with control over the west side road (subject to easements). Furthermore, the property is undergoing a thorough interior and exterior cleaning. The property is currently offered for sale, but a ground lease or build-to-suit option is also available. Note that the property's size is an estimate and may be subdivided. The property enjoys a strategic location adjacent to new developments including Starbucks and Golden Chick, ensuring high visibility and potential for increased foot traffic. This is a rare opportunity to acquire a versatile commercial property in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.