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    Property profile & analytics

    5282 Old Hwy 42by-pass Hattiesburg, MS 39401-1205

    • Retail space
    • 10,700 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 17, 2020
    Location Intelligence
    Property ID
    US50-0612454
    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

    • Retail space

    Property Details for 5282 Old Hwy 42by-pass

    Year built
    1986
    Property size
    10,700 SF
    Property type
    Retail space
    APN
    2-029D-04-035.00
    APU
    2029D0403500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3086
    Latitude
    31.3438
    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
    $3,771
    $0.00
    $0.00
    $138,840
    -
    $51,000
    $87,840
    $138,840

    Comparable in this City

    • Value Estimation by Request

      703 Bouie St

      RETAIL STORES (PERSONAL SERVICES)
      703 Bouie St, Hattiesburg, MS 39401-1752
      View Details
    • Value Estimation by Request
      4,586 SF

      Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 4,586 SF
      Walnut St, Hattiesburg, MS 39401
      View Details
    • Value Estimation by Request
      4,128 SF

      910 Hardy St

      RETAIL STORES (PERSONAL SERVICES) • 4,128 SF
      910 Hardy St, Hattiesburg, MS 39401-4161
      View Details
    • Value Estimation by Request
      2,250 SF

      1825 Hardy St

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      1825 Hardy St, Hattiesburg, MS 39401-4914
      View Details
    • Value Estimation by Request
      4,140 SF

      1129 Hardy St

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
      1129 Hardy St, Hattiesburg, MS 39401-4167
      View Details
    • Value Estimation by Request
      1,500 SF

      1505 Hardy St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      1505 Hardy St, Hattiesburg, MS 39401-2419
      View Details

    Similar Nearby for Sale

    • $80,000
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      Hattiesburg Commercial Space For Sale

      Large commercial space suitable for restaurant, office, or retail.
      241 Short Columbia St, Hattiesburg, MS 39401
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    • $575,000
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      Main Street Retail Opportunity

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    • $650,000
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      Retail Building Outside Hattiesburg Limits

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    • $3,685,000

      Retail Properties Package For Sale

      Four retail properties available for sale as a package.
      3317 Hardy St, Hattiesburg, MS 39401
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    • $1,200,000

      Retail Property on Hardy Street

      Retail space available for sale on Hardy Street.
      1601 Hardy St, Hattiesburg, MS 39401
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    • $900,000
      16,700 SF

      Retail Space on Hardy Street

      16,700 SF retail space with potential for various businesses.
      1305 Hardy St, Hattiesburg, MS 39401
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    Similar Nearby for Lease

    • $325,000
      3,380 SF

      Retail Space Available For Lease

      Retail space available for lease in Hattiesburg, Mississippi.
      1410 N 31St Ave, Hattiesburg, MS 39401
      View Details
    • $2,000 /Mo
      1,150 SF

      Retail Space Available For Sublet

      Retail space available for sublet through mid-2027.
      508 Broadway Dr, Hattiesburg, MS 39401
      View Details
    • $475,000
      12,000 SF

      Main Street Retail Opportunity

      Retail space available on Main Street in Hattiesburg, MS.
      600 Main St, Hattiesburg, MS 39401
      View Details
    • $12 SF/Yr
      2,400 SF

      Retail/Office Space Near Hardy Street

      Flexible retail or office space in high-traffic Hattiesburg location.
      102 N 38Th Ave, Hattiesburg, MS 39401
      View Details
    • $1,600 /Mo
      1,259 SF

      Retail Space For Rent

      Retail space available for lease in Hattiesburg, Mississippi.
      3423 Hardy St, Hattiesburg, MS 39401
      View Details
    • $3,000 /Mo
      600 SF

      Retail Space in Hattiesburg

      Retail space available for lease in Hattiesburg, Mississippi.
      200 S 28Th Ave, Hattiesburg, MS 39401
      View Details
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    Hattiesburg, MS 39401-1205
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    Realmo Value Estimation

    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.

    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.

    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
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