Technical
Financial
Distress signals
Property profile

118 Fairfield Dr Hattiesburg, MS 39402

OFF-MARKET
Office buildings
Property ID
US50-0545624
4,652 SF Built 1993
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,883-square-foot office building at 118 Fairfield Drive presents a unique opportunity for a single tenant seeking a move-in ready space. Classified as a Class B property, the building boasts a spacious and well-designed layout ideal for a variety of businesses. The property features a substantial reception area, perfect for creating a professional first impression. Eight private offices are included, one of which is designated as an executive suite, providing ample space for senior management or specialized teams. Four restrooms ensure convenient access for employees and clients. The inclusion of both a large and a small conference room caters to diverse meeting needs, from large-scale presentations to smaller, more intimate gatherings. Abundant storage space is also available throughout the building, addressing the organizational needs of any business. The entire 4,883 square feet is currently vacant, offering immediate occupancy for the successful applicant. This single-tenant occupancy provides complete control and privacy within a well-maintained and functional office environment. The property's traditional office design, combined with executive office features, makes it suitable for a range of professional uses. This is an excellent opportunity to secure a substantial and well-appointed office space in a desirable location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Total area 4,652 SF
APN 051P-11-034.000
UPID US50-0545624

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

118 Fairfield Dr Hattiesburg, MS 39402-1399
Hattiesburg metro Census 20305 HATTIESBURG, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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