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    Warehouses

    5370 Old Highway 42, Hattiesburg, MS 39401

    284,294 SF 13.28 ac lot Built 1969
    Property ID
    Property summary
    AI-generated overview

    This expansive 284,294 square foot industrial warehouse, situated on 13.28 acres in Hattiesburg, Mississippi, presents a compelling investment opportunity. Built in 1969, this single-story Class C building features 12 dock-high doors and impressive 20-foot clear ceiling heights, providing highly functional space for a variety of industrial uses. Currently operating as a multi-tenant property with three tenants occupying 30% of the space, approximately 60,000 square feet is already leased to third-party tenants. The property boasts multiple access points and benefits from a strategic location between New Orleans and Jackson, MS, near the crossroads of I-59 and Highway 49. This prime location within the Pine Belt region of Mississippi places it near a concentration of major distribution, warehousing, manufacturing, and logistics facilities. The property's proximity to the University of Southern Mississippi and numerous major businesses further enhances its appeal. This corporate-owned asset is ideal for third-party logistics, light manufacturing, and other industrial applications, offering significant potential for growth and return on investment. The property is for sale by owner and on-site inspections are available by appointment only.

    Property profile
    Verified
    Property type Warehouses
    Year built 1969
    Total area 284,294 SF
    Lot 13.28 ac (578,477 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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