Property profile

6633 Hwy 98 Hattiesburg, MS 39402

OFF-MARKET
Office Spaces
5,353 SF 2.09 ac lot
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Property summary

AI-generated overview

This exceptional Lamar County property boasts a prime location on Highway 98 West, offering stunning lake views. The 2.09-acre lot encompasses a 5,353 square foot office building with multiple tenancies, currently featuring two available spaces. Beyond the main office structure, the property includes a substantial 7,000+ square foot home, a four-plex residential building, and valuable retail frontage along the highway. The extensive grounds are naturally landscaped, featuring a prolific growth of blueberry bushes. This unique offering presents a compelling investment opportunity, combining diverse income streams from office, residential, and retail uses. The significant vacant land (92,473 sq ft) offers considerable potential for expansion or redevelopment. The property's strategic location on a major highway and its picturesque lake setting provide exceptional visibility and appeal. This is a rare chance to acquire a multi-faceted commercial property with significant upside potential in a desirable location. The existing structures are well-maintained and offer immediate income generation, while the ample vacant land allows for future growth and development. Serious inquiries are encouraged.

Property profile

Verified
Property type Office Spaces
Total area 5,353 SF
Lot 2.09 ac (91,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6633 Hwy 98 Hattiesburg, MS 39402
Hattiesburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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