6633 Hwy 98 Hattiesburg, MS 39402
This exceptional 2.09-acre commercial property in Hattiesburg, Mississippi, presents a unique investment opportunity. Located on the prime side of Highway 98 West, the property boasts a total square footage of 87,120, encompassing a diverse range of existing structures. The site includes a substantial 7,000+ square foot home, a four-plex apartment building, and valuable retail frontage directly on Highway 98 West. The property is priced at $1,700,000, translating to $19.51 per square foot. The land itself is valued at $850,000 per acre. Adding to its appeal, the property features a picturesque lake setting and is partially covered in blueberry bushes. The current ownership is open to exploring build-to-suit options and ground leases, providing flexibility for potential buyers or tenants. This property offers significant potential for development and redevelopment, making it an attractive investment in a thriving Mississippi market. The property is situated in Lamar County, Mississippi, with the address 6633 Highway 98 West, Hattiesburg, MS 39402. This prime location offers excellent visibility and accessibility.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.