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Property profile & analytics
OFF-MARKET
Medical Office Space

511 Laurel Ave Hattiesburg, MS 39401-3504

4,131 SF Built 1993
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US50-0510042
Property summary
AI-generated overview

This exceptional mixed-use property, located at 511 W Laurel Ave in Hattiesburg, Mississippi, presents a diverse opportunity for various business ventures. The vacant building, constructed in 1993, offers 4,400 to 4,700 square feet of space spread across two stories within a single building. The adaptable layout includes multiple office spaces, a reception area, and exam rooms on the ground floor, perfect for medical or professional office use. Upstairs, a flexible layout features an additional bathroom and kitchenette. The property sits on a 0.91-acre lot, providing ample space for parking or future expansion. Its prime location in the thriving Downtown Hattiesburg area offers easy access to the amenities and vibrancy of the Pine Belt region. The asking price is $389,900. The property's Assessed Parcel Number (APN) is 238-0444-073-009.00. This versatile space is ideal for creative offices, medical offices, or traditional office settings, offering significant potential for growth and success. The property is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Total area 4,131 SF
APN 2-029O-10-112.00
UPID US50-0510042
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
Current use
Occupant on record · Public records
  • Hattiesburg Clinic Downtown Medical Associates Medical Clinic
  • Downtown Pharmacy Pharmacy
  • Matthew D. Bolton, FNP - Hattiesburg Clinic Pine Street Primary Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hall Health And Wellness Solutions · 1 yrs held
Hall Health And Wellness Solutions
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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