Property profile

787 Main Ave Lumberton, MS 39455

OFF-MARKET
Retail space
Property ID
US50-0486391
4,568 SF 2 ac lot Built 2002
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property presents a significant investment opportunity in Lumberton, MS. Located less than a mile from Interstate 59, this prime location offers unparalleled accessibility and visibility. The property encompasses a substantial 7,500 square feet of covered store and warehouse space situated on a concrete slab. An additional 5,000 square feet of covered warehouse space is attached, providing ample storage and operational area. The property sits on a generous 3-acre lot, offering extensive parking and potential for future expansion. The building previously served as Lumberton Hardware & Farm Supply, demonstrating its suitability for various commercial uses. While the property is being sold "as is," prospective buyers should note that the roof and ceiling in the front section require approximately 9-11 sheets of material for repair. This represents a cost-effective opportunity to acquire a large, well-located industrial property with significant potential for renovation and adaptation to a wide range of business needs. The substantial size, prime location, and ample land make this an attractive proposition for entrepreneurs and investors seeking a strong foothold in the Lumberton market. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 4,568 SF
Lot 2 ac (87,120 SF)
APN 029 -31-012.000
UPID US50-0486391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

787 Main Ave Lumberton, MS 39455-9623
Lumberton metro Census 20600 HATTIESBURG, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$625k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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