Property summary
This exceptional investment opportunity presents a vacant, single-story commercial building formerly used as a car wash. Located at 6507 Highway 49 North in Hattiesburg, Mississippi, this property boasts a prime location adjacent to a Shell C-Store at N 31st Ave, ensuring high visibility and potential for strong traffic flow. The 2,603 square foot building sits on a 1.03-acre lot, offering ample space for redevelopment or repurposing. The asking price is $254,826, translating to $97.90 per square foot. The land value alone is substantial, calculated at $4,264,395 per acre. The property is currently vacant, presenting a blank canvas for a new business venture or an opportunity for a savvy investor to capitalize on its strategic location and significant land value. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for most operating expenses. This is a single-tenancy property, offering simplicity and control. The property's zoning and potential uses should be verified independently. This is a rare chance to acquire a well-situated commercial property in a growing area with significant upside potential. The property is located in Forrest County, Mississippi, zip code 39401.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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