5360 Us 49 Hattiesburg, MS 39401
This exceptional 56,000 square foot retail property, situated on a 4.2-acre lot in Hattiesburg, Mississippi, presents a remarkable investment opportunity. Built in 1998, this single-story building boasts a versatile layout suitable for various uses, including retail, medical, office, climate-controlled warehouse, grocery, or building supply. The property features two bay doors with loading docks, a 10-foot drop ceiling, and is fully paved around the building with fenced outside storage. Its zoning (B 5) allows for flexibility in tenant mix. The property's occupancy date was June 29, 2022. The asking price is $1,600,000, translating to $28.57 per square foot. The property's address is 5360 US 49, Hattiesburg, MS 39401 (APN: 2-041G-27-002.00). Its adaptable design makes it easily convertible into a strip center, offering significant potential for future development and increased rental income. This property represents a rare chance to acquire a substantial, well-maintained commercial space in a thriving Mississippi market.
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.