606 Adeline StHattiesburg, MS 39401

Property Details for 606 Adeline St

Year built

1920

Construction

FRAME

Property size (Sq ft)

3,278 SF

Property type

Office properties

Property subtype

Other office properties

APN

2-029N-09-207.00

APU

2029N0920700

Description

This exceptional Hattiesburg, Mississippi executive office suite, located at 606 Adeline St, offers a flexible workspace solution. The property, classified as Class C, comprises a single-story building totaling 3,379 square feet situated on a 0.23-acre lot. Currently, there is 782 square feet of vacant space available, divisible into units ranging from 382 to 400 contiguous square feet, ideal for small businesses or individual professionals. The building features multiple tenancies, providing a dynamic and collaborative environment. The address is conveniently located in Hattiesburg, Forrest County, Mississippi, with the zip code 39401. This is a fantastic opportunity to establish a presence in a thriving Mississippi market. The property's single-story design offers easy accessibility and efficient use of space. The available space is perfect for a variety of office uses, providing a cost-effective solution for businesses seeking a professional and functional workspace in a prime Hattiesburg location. Interested parties should inquire about the available space and its suitability for their specific needs. The property's size and layout offer a unique opportunity for businesses looking for a flexible and efficient office solution in a convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $519,830

  6.5%

  $479,843

  7%

  $445,569

• Comparable approach

  Method

  Valuation

  Relative Method

  $250,049

  Geo Method

  $233,033

• Alternative Use

  Use

  Valuation

  Residential

  $595,006

  Hospitality

  $545,022

  Educational

  $453,452

  Medical

  $469,047

  Retail

  $705,370

Location Insight

City

Hattiesburg

County

Forrest

State

Mississippi

Latitude

31.3239

Longitude

-89.2977

CBSA code

25620

CBSA name

HATTIESBURG, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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