511 Laurel Ave Hattiesburg, MS 39401-3504
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.
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Hattiesburg Clinic Downtown Medical Associates Medical Clinic
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Downtown Pharmacy Pharmacy
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Matthew D. Bolton, FNP - Hattiesburg Clinic Pine Street Primary Care Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.