2575 Old Highway 24 Hattiesburg, MS 39402
For Sale
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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.
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
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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.