Property profile

0 Highway 589 Hattiesburg, MS 39402

OFF-MARKET
Retail properties & Spaces
6 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6-acre commercial land parcel presents a prime investment opportunity in Hattiesburg, Mississippi. Located on Highway 589, just south of Highway 98, this property boasts over 400 feet of direct road frontage, ensuring high visibility and accessibility. The asking price is $653,400, translating to $108,900 per acre, a competitive price point compared to similar properties in the area. The property's strategic location offers significant advantages. It sits directly across Highway 589 from the new St. Fabian's Church under construction, and just south of a high-performing Dollar General store, known for its strong sales volume. This location is ideally suited to serve the growing residential communities of Bellegrass, Dandridge, Bent Creek, and other nearby subdivisions, creating a strong demand for various commercial services. The property's diverse zoning allows for a variety of commercial uses, including office, self-storage, retail, retail-pad, and hospitality establishments. The Lamar County location and its proximity to major roadways make this a highly desirable site for development and investment. The APN is 1063-23-038.000. This is a rare opportunity to acquire a well-positioned commercial land parcel with significant growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Lot 6 ac (261,360 SF)

Cap rate & NOI

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

Location

Highway 589 Hattiesburg, MS 39402
Hattiesburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Highway 589?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message