Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    34 Graham Rd Hattiesburg, MS 39402-6627

    • Warehouses
    • 7,750 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0132158
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bellevue Assisted Living / Nursing Home / Retirement Community

    Property Details for 34 Graham Rd

    Lot size
    0.20 lot acres
    Property size
    7,750 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    1062-14-006.031
    APU
    106214006031

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4832
    Latitude
    31.3111
    CBSA code
    25620
    CBSA name
    HATTIESBURG, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,335
    $0.00
    $0.00
    $26,534
    -
    $50,130
    $126,760
    $176,890

    Comparable in this City

    • Value Estimation by Request
      7,500 SF

      5023 4th St

      MINI-WAREHOUSE, STORAGE • 7,500 SF
      5023 4th St, Hattiesburg, MS 39402-1073
      View Details
    • Value Estimation by Request
      3,600 SF

      5947 4th St

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      5947 4th St, Hattiesburg, MS 39402-9771
      View Details
    • Value Estimation by Request
      0.69 Acres

      41 King Rd

      MINI-WAREHOUSE, STORAGE • 0.69 Acres
      41 King Rd, Hattiesburg, MS 39402-7917
      View Details
    • Value Estimation by Request
      1.50 Acres

      41 King Rd

      MINI-WAREHOUSE, STORAGE • 1.50 Acres
      41 King Rd, Hattiesburg, MS 39402-7917
      View Details
    • Value Estimation by Request
      0.65 Acres

      38 Power Ln

      MINI-WAREHOUSE, STORAGE • 0.65 Acres
      38 Power Ln, Hattiesburg, MS 39402-8564
      View Details
    • Value Estimation by Request
      14.60 Acres

      Hartfield Rd

      Self storage facilities • 635,976 SF
      0 Hartfield Rd, Hattiesburg, MS 39402
      View Details

    Similar Nearby for Sale

    • $1,400,000
      6,108 SF

      Hattiesburg Commercial Property - Highway 98

      Versatile Industrial/Office Space - Prime Location
      6194 U S Highway 98, Hattiesburg, MS 39402
      View Details
    • $653,400
      6.00 Acres

      Highway 589 Commercial Land - Hattiesburg, MS

      6-Acre Commercial Land, High Traffic Area
      0 Highway 589, Hattiesburg, MS 39402
      View Details
    • $3,900,000

      Hattiesburg Industrial Land - $3.9M

      Prime Industrial Land, 1.7M SF, I-59 Access
      4040 U S Highway 11, Hattiesburg, MS 39402
      View Details
    • $115,260

      Hattiesburg Land: 2.94 Acres

      Prime Agricultural, Commercial, & Industrial Land
      0 Broadway Dr, Hattiesburg, MS 39402
      View Details
    • $2,700,000
      32.87 Acres

      Hattiesburg Commercial Land Opportunity

      32.87 Acres, B-5 Zoning, Opportunity Zone
      0 Classic Dr, Hattiesburg, MS 39402
      View Details
    • $3,500,000
      451,614 SF

      Hattiesburg Distribution Center For Sale

      451,614 SF distribution center in Hattiesburg, Mississippi.
      6892 U S Highway 49, Hattiesburg, MS 39402
      View Details

    Similar Nearby for Lease

    • $4 SF/Yr
      30,000 SF

      Prime Lamar County Industrial Space

      Versatile Office/Warehouse, 30,000 SF Available
      6194 U S Highway 98, Hattiesburg, MS 39402
      View Details
    • $13 SF/Yr
      24,350 SF

      Hattiesburg Office & Warehouse Space

      Versatile Hattiesburg commercial property, multiple suites available.
      15 Professional Pkwy, Hattiesburg, MS 39402
      View Details
    • $1,400,000
      244,758 SF

      Hattiesburg Warehouse and Industrial Space

      244,758 SF warehouse/industrial space on 12.53 acres for lease.
      5370 Old Highway 42, Hattiesburg, MS 39402
      View Details
    • $5,805 /Mo
      11,600 SF

      Hattiesburg Warehouse Space Available

      Warehouse space available for lease in Hattiesburg, Mississippi.
      23 Power Ln, Hattiesburg, MS 39402
      View Details
    • $600,000
      7,100 SF

      New Warehouse Near High-End Subdivisions

      Newly built warehouse in growing area, owner can subdivide.
      421 Cole Rd, Hattiesburg, MS 39402
      View Details
    • $0.77 SF/Yr
      175,000 SF

      Hattiesburg Warehouse/Retail Space

      Multiple spaces available, high visibility location.
      4501 Hardy St, Hattiesburg, MS 39402
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    34 Graham Rd
    Hattiesburg, MS 39402-6627
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.