114 10Th AveHattiesburg, MS 39401

Property Details for 114 10Th Ave

Year built

1959

Property size (Sq ft)

1,560 SF

Property type

Office properties

Property subtype

Other office properties

APN

2-029N-09-035.00

APU

2029N0903500

Description

This exceptional 1,560 square foot commercial property in Hattiesburg, MS, presents a unique investment opportunity. Ideally located minutes from both Midtown and Downtown Hattiesburg, this property boasts unparalleled accessibility to local amenities and major transportation routes, ensuring high visibility and convenient access for clients and employees. The space is currently unfinished, offering a blank canvas for complete customization to perfectly suit your business needs. The adaptable layout includes a spacious conference room, perfect for meetings and presentations, a small kitchenette for staff convenience, a dedicated waiting area, and four private offices providing ample individual workspaces. Two bathrooms ensure adequate facilities for both employees and clients. The property's central location and flexible design make it an ideal choice for a wide range of businesses seeking a highly visible and easily accessible space. This is a rare chance to acquire a property with significant potential in a thriving Hattiesburg market. The 0-acre lot provides ample space for potential future expansion or outdoor amenities. The asking price is $132,000. Don't miss this opportunity to secure a prime commercial space in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $247,387

  6.5%

  $228,357

  7%

  $212,046

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,998

  Geo Method

  $110,900

• Alternative Use

  Use

  Valuation

  Residential

  $283,163

  Hospitality

  $259,376

  Educational

  $215,798

  Medical

  $223,219

  Retail

  $335,685

Location Insight

City

Hattiesburg

County

Forrest

State

Mississippi

Latitude

31.3236

Longitude

-89.3054

CBSA code

25620

CBSA name

HATTIESBURG, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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