Current Use by Public Records
- Office Spaces
Property Details for 29 Rivers Dr
- Year built
- 2020
- Lot size
- 16.52 lot acres
- Property type
- Office Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional Class A commercial property, located at 29 Rivers Dr in Hattiesburg, Mississippi, presents a unique investment opportunity. The single-story, 42,253 square foot building, constructed in 2020, sits on a 16.52-acre lot and offers versatile space ideal for a variety of uses, including executive offices, retail, or restaurants. The asking price is $285,000, translating to $6.70 per square foot. The land itself offers significant value at $6.75 per square foot. The property boasts 24 parking spaces and benefits from its strategic location, just 2.4 miles from I-59, in a thriving market with high visibility. With 16,000 vehicles passing daily, this 0.97-acre parcel provides excellent frontage on Evelyn Gandy Parkway, adjacent to existing restaurants, retail, and office spaces. The property's size and location make it an attractive option for businesses seeking a prominent presence in a high-traffic area. This is a single-tenancy building offering significant potential for growth and return on investment. The property is zoned for commercial use and offers many options for development and expansion. The five remaining parcels in this area present additional investment opportunities.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.2949
- Latitude
- 31.3588
