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Property profile & analytics
FOR SALE
Office Units

2575 Old Highway 24 Hattiesburg, MS 39402

Built 1963
Property ID
US50-0489324
Property summary
AI-generated overview

Positioned near the growing intersection of Old Hwy 24 and Old Hwy 11, this unique property offers a rare opportunity for residential-to-commercial transition (subject to approval). Currently zoned residential, the sellers are open to a rezoning contingency (up to 90 days), providing flexibility for buyers seeking office, service-based, or boutique commercial use. The ±3,000–3,400 SF building features 4 offices with closets, 3 restrooms, 2 large great rooms, and a full kitchen. Additional improvements include outdoor storage, a garage structure (no door), extended driveway, and front land area suitable for parking. Situated on approximately 1 acre (to be subdivided from a larger ±2.3-acre parcel prior to closing), with an additional ±1.3 acres potentially available, the site offers strong long-term potential. Located near a high-visibility 4-way stop with estimated traffic counts of approximately 12,000 and 4,000 AADT (buyer to verify), and access to multiple roadways for ingress and egress. Buyer to verify all information, including zoning, subdivision requirements, traffic counts, and intended use.

Property profile
Verified
Property type Office Units
Year built 1963
UPID US50-0489324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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