10 Bellegrass Blvd Hattiesburg, MS 39402-1904
This exceptional Class A office building at 10 Bellegrass Blvd., Hattiesburg, MS, presents a unique investment opportunity. The offering includes the entire lower level (over 4000 square feet), the building's shell, and a controlling interest in the four-member condo association. The spacious interior boasts three bathrooms, a large corner conference room, multiple office suites, and a break room. The layout is highly adaptable, allowing for easy division into two, or potentially three, separate suites. Historically, the space has leased at $18 per square foot annually, presenting significant upside potential through rent increases. The building was originally constructed by Walker Thrash for the current owner. This prime location within Hattiesburg's Bellegrass community center provides an impressive address to attract clients and customers. The current owner is open to the possibility of leasing back a portion of the space from the new owner. Showings are strictly by appointment only. The asking price for this exceptional property is $825,000. This is a rare opportunity to acquire a well-maintained, high-potential office building in a desirable location.
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NewSong Wealth Management Group Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.