Hattiesburg, MS 39401
This exceptional 0.43-acre commercial land parcel is strategically located in Hattiesburg, Mississippi, at the intersection of South 28th Avenue and Augusta Avenue. The property boasts a total buildable area of 18,731 square feet, presenting a significant opportunity for developers seeking a prime location for commercial construction. Its convenient location places it north of Forrest General Hospital and south of the University of Southern Mississippi campus, ensuring high visibility and accessibility. The property's single-tenant designation offers flexibility in development plans, allowing for a tailored approach to suit specific business needs. The suggested price reflects the value of the ground lease, making this an attractive investment opportunity. The property's APN is 2-028O-08-295.00, and it is situated within Forrest County, Mississippi, with a zip code of 39401. This location offers excellent access to major transportation routes and a thriving local community. The property's size and location make it suitable for a variety of commercial uses, from retail spaces to medical offices or other commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional Hattiesburg property.
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
Similar Nearby for Lease
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.