15 Bayberry Dr Hattiesburg, MS 39402
This mixed-use property, located at 15 Bayberry Dr, Hattiesburg, MS 39402, presents a unique investment opportunity. The 1,800-2,000 square foot building sits on a spacious 15,400 square foot lot and is ideally situated just off Highway 49, offering convenient access to I-59. Built approximately 40 years ago, this property features a four-bedroom, three-bathroom layout, including two master suites, perfect for a variety of uses. The interior boasts a great room with a vaulted ceiling and fireplace, a kitchen with ample cabinet space and a breakfast bar, and a convenient nook. Appliances including the refrigerator, washer, and dryer are included. A separate storage shed with a mini-split and power adds extra utility. The property's proximity to expanding businesses in the area makes it highly suitable for both commercial and residential purposes. Note that neighboring commercial development is planned, further enhancing the property's value and potential. The property is currently vacant and readily available for showings.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.