Property profile

99 Braswell Rd Hattiesburg, MS 39401

FOR SALE
Warehouses
Property ID
US50-0831743
19,519 SF 13.64 ac lot Built 1980
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 33,500-square-foot warehouse, situated on approximately 3.5 acres in Forrest County, Mississippi, presents a compelling investment opportunity. Built in the 1970s and renovated in the 1980s, this single-story steel-frame structure boasts a metal roof and features 18' center support columns and a 15' eave height. The warehouse benefits from fluorescent lighting throughout and insulated roof and sides, ensuring efficient energy use. A significant advantage is the 40' dock-high covered loading bay at the rear, providing ample space for loading and truck maneuvering. Conveniently located just outside Hattiesburg city limits, this property offers easy access from Interstate 59 and Mississippi Highway 42 (Evelyn Gandy Parkway), providing seamless connectivity to major transportation routes. I-59 connects to New Orleans and Birmingham, while Highway 42 links Alabama and central Mississippi. Importantly, there are no zoning restrictions. The asking price is strategically positioned below the average of comparable industrial properties in the area, with similar size and condition averaging $45-$54 per square foot. A detailed floor plan and specifications are available upon request. Showings are by appointment only.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 19,519 SF
Lot 13.64 ac (594,158 SF)
APN 1-013O-20-013.00
UPID US50-0831743

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Furniture & Home Goods Home Decor Store

Location

99 Braswell Rd Hattiesburg, MS 39401
Hattiesburg metro Census 10202 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
$880k

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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