5370 Old Highway 42 Hattiesburg, MS 39401
- Warehouses
- 284,294 SF
- 13.28 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5370 Old Highway 42
- Year built
- 1969
- Lot size
- 13.28 lot acres
- Property size
- 284,294 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Forrest
- State
- Mississippi
- Longitude
- -89.3024
- Latitude
- 31.3417
