Property profile

121 Lundy Ln Hattiesburg, MS 39401

FOR SALE
Retail space
Property ID
US50-0558527
13,525 SF Built 1996
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10,400-square-foot single-tenant office building is available for lease in Hattiesburg, Mississippi. Situated on a 0.38-acre lot, this one-story structure is zoned B-3, offering versatile usage options. Ideal for a variety of businesses, including traditional office spaces, medical practices, or distribution centers. The property boasts a convenient breakroom and a dedicated shipping area, enhancing operational efficiency. The building currently houses a tenant, requiring a respectful move-out timeframe to be considered. The property's address is 121 Lundy Ln, Hattiesburg, MS 39401 (APN: 051J-12-011.000). This prime location provides excellent accessibility and visibility within the Hattiesburg market. The building's single-tenant occupancy ensures a streamlined and efficient leasing process. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property offers a unique opportunity for businesses seeking a well-maintained, functional space in a desirable location. The ample square footage and versatile zoning make this property suitable for a wide range of commercial endeavors. The inclusion of amenities such as a breakroom and shipping area adds significant value and convenience. The existing tenant ensures a smooth transition and allows for a planned move-in date. Don't miss this chance to secure this exceptional commercial property in the thriving Hattiesburg market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 13,525 SF
APN 051J-12-011.000
UPID US50-0558527

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
  • Big Box & Wholesale Store Electronics & Wireless Store

Location

121 Lundy Ln Hattiesburg, MS 39401
Hattiesburg metro Census 20307 HATTIESBURG, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2020
Last sale
$420,006
2 recorded transactions
2020
$420,006
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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