Property profile

6194 Us-98 Hattiesburg, MS 39402

OFF-MARKET
Warehouses
6,108 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 6,108 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6194 Us-98 Hattiesburg, MS 39402
Hattiesburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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