5198 Hwy, Hattiesburg, MS 39401
This exceptional industrial property, located at 5198 Highway 49 in Forrest County, offers a significant leasing opportunity. The property encompasses a total of 39,429 square feet across seven single-story buildings, ideal for warehouse and distribution operations. Currently, there are two available spaces totaling 1,800 square feet. The expansive lot size ranges from 10 to 34.44 acres, providing ample room for expansion, maneuvering, and potential future development. The buildings feature a total of four drive-in bays, enhancing efficiency for loading and unloading. This multi-tenant property is perfect for businesses seeking flexible space options within a well-established industrial area. The property's strategic location on Highway 49 offers excellent accessibility and visibility. With its substantial size, versatile layout, and convenient location, this property presents a compelling opportunity for businesses seeking to establish or expand their operations in Forrest County. The property is for lease and offers a unique combination of space, accessibility, and potential. Serious inquiries are encouraged to explore this exceptional industrial offering.
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.