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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Hattiesburg, MS 39401

    • Car washes
    • 3,904 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0824261
    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

    • Car washes

    Property Details

    Year built
    2011
    Property size
    3,904 SF
    Property type
    Car washes
    APN
    2-039A-17-054.07
    APU
    2039A1705407

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.3203
    Latitude
    31.3126
    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
    $16,233
    $0.00
    $0.00
    $597,720
    -
    $221,850
    $375,870
    $597,720

    Comparable in this City

    • Value Estimation by Request
      1,660 SF

      5149 Old Hwy 42

      CAR WASH - AUTOMATED • 1,660 SF
      5149 Old Hwy 42, Hattiesburg, MS 39401-2868
      View Details
    • Value Estimation by Request
      6,068 SF

      1853 Evelyn Gandy Pkwy

      Automotive properties • 6,068 SF
      1853 Evelyn Gandy Pkwy, Hattiesburg, MS 39401
      View Details
    • Value Estimation by Request
      2,000 SF

      6485 U S Hwy 49

      CAR WASH - AUTOMATED • 2,000 SF
      6485 U S Hwy 49, Hattiesburg, MS 39401-3005
      View Details
    • Value Estimation by Request
      600 SF

      3810 4th St

      CAR WASH - AUTOMATED • 600 SF
      3810 4th St, Hattiesburg, MS 39401
      View Details
    • Value Estimation by Request
      1.03 Acres

      6507 Hwy 49

      Automotive properties • 2,603 SF
      6507 Hwy 49, Hattiesburg, MS 39401
      View Details
    • Value Estimation by Request
      900 SF

      1000 Hardy St

      CAR WASH - SELF-SERVE • 900 SF
      1000 Hardy St, Hattiesburg, MS 39401-2408
      View Details

    Similar Nearby for Sale

    • $1,495,000
      6,068 SF

      Hattiesburg Auto Center Business

      Established Auto Center, High Traffic Area
      1853 Evelyn Gandy Pkwy, Hattiesburg, MS 39401
      View Details
    • $254,826
      1.03 Acres

      Hattiesburg Car Wash - Investment Opportunity

      Vacant car wash; prime Highway 49 location.
      6507 U S Highway 49, Hattiesburg, MS 39401
      View Details
    • $575,000
      14,204 SF

      Main Street Retail Opportunity

      Hattiesburg, MS Mixed-Use Investment
      600 Main Street Blvd, Hattiesburg, MS 39401
      View Details
    • $199,000

      Move-In Ready Dealership on Broadway

      Vacant dealership with high visibility on a corner lot.
      600 Broadway Dr, Hattiesburg, MS 39401
      View Details
    • $459,900
      1,997 SF

      Established Store in Dixie Community

      Fully stocked, operating country store with restaurant and gas tanks.
      1242 Elks Lake Rd, Hattiesburg, MS 39401
      View Details
    • $139,000
      1,554 SF

      Hattiesburg Retail/Gas Station Opportunity

      Retail or gas station opportunity with high visibility on Highway 49.
      3536 Us 49, Hattiesburg, MS 39401
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,608 SF

      Prime Forrest County Car Wash Opportunity

      High-traffic location, flexible lease terms.
      3810 4Th St, Hattiesburg, MS 39401
      View Details
    • $6 SF/Yr
      111,675 SF

      Hattiesburg Retail Center - 1000 Broadway Dr

      Prime Hattiesburg retail space available. Multiple units, flexible sizes.
      1000 Broadway Dr, Hattiesburg, MS 39401
      View Details
    • $8 SF/Yr
      4,000 SF

      Retail Space on Highway 49

      4,000 SF retail space with high visibility on Highway 49.
      5422 U S Highway 49, 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
    • $3,000 /Mo
      3,900 SF

      Hattiesburg Commercial Building For Lease

      3,900 sq ft commercial building in the heart of Hattiesburg.
      713 Broadway Dr, Hattiesburg, MS 39401
      View Details
    • $1,500,000
      55,000 SF

      Former Retail Store For Rent

      55,000 SF retail building available for lease.
      5360 U S Highway 49, Hattiesburg, MS 39401
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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