4400 Hardy St Hattiesburg, MS 39402-1372
Property profile & analytics
4400 Hardy St, Hattiesburg, MS 39402-1372
- Strip malls
- 48,329 SF
- 9.10 lot acres
Property ID
US50-0500025
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.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Harbor Freight Tools / Building Supply / Hardware & Home Improvement
- Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
- Michaels Custom Framing / (Bike/Boat/Book/etc) Store / Home Decor Store
- Coinhub Bitcoin ATM Teller / Atm
Property Details for 4400 Hardy St
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 9.10 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 051R-12-085.000
- APU
- 051R12085000
Description
This established 78,227 square foot shopping center in Hattiesburg, Mississippi, presents a compelling investment opportunity. Located on a 9.41-acre lot at 4400 Hardy Street, this Class B property features three buildings and boasts a 98.1% occupancy rate. Anchored by Harbor Freight and Michaels, the center benefits from a diverse tenant mix across 16 units, including Walk-On's, which recently received a new roof (landlord responsible for roof, exterior walls & foundation). Built in 1982 and renovated in 2020, the property generates a strong NOI of $1,048,148, representing a 7.43% cap rate at an asking price of $14,100,000 ($180.24/SF). The property offers 330 parking spaces and benefits from its location on a major retail corridor with over 63,000 vehicles passing daily. An assumable, non-recourse loan with a 3.88% fixed rate and a maturity date of 5/1/31, with a balance of approximately $7,450,000, provides significant financial flexibility. The property is situated in a thriving community, benefiting from the presence of two major universities and a robust local economy. This stabilized investment offers a rare opportunity to acquire a high-performing retail asset in a desirable location. The property is a shadow anchor to Winn-Dixie.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hattiesburg
- County
- Lamar
- State
- Mississippi
- Longitude
- -89.3554
- Latitude
- 31.3226
- 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
2023
$73,317
$0.00
$0.00
$433,035
-
$1,328,580
$1,558,320
$2,886,900
