4200 Mamie StHattiesburg, MS 39402

  • Office properties
  • 36,714 SF
For Lease
$16/SF/YR View listing

Property Details for 4200 Mamie St

Year built
1987
Property size (Sq ft)
36,714 SF
Property type
Office properties
Property subtype
Office buildings
APN
051R-12-059.000
APU
051R12059000

Description

This exceptional Hattiesburg office space, totaling 3,121 square feet, is part of a larger 35,278 square foot building located at 4200 Mamie St, Hattiesburg, MS 39402. The property, built in 1987 and renovated in 2013, offers a desirable blend of modern amenities and convenient location. The single-story building is zoned B-3 and features a thoughtfully designed layout including three private offices, a modern glass-walled conference room, a spacious reception area, and ample cubicle space. Common areas provide well-maintained restrooms, a convenient delivery area with a roll-up door, and a break room opening onto a back patio. The property boasts ample on-site parking, enhancing convenience for employees and clients. Advanced security measures, including security cameras and key card entry, ensure a safe and secure work environment. This A-Class office space is situated in a prime location, offering proximity to Midtown while maintaining a secluded atmosphere away from heavy traffic. The property's APN is 12869. This is a rare opportunity to secure a high-quality office space in a desirable Hattiesburg location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,051,467
    6.5%
    $5,585,970
    7%
    $5,186,972
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,800,576
    Geo Method
    $2,609,998
  • Alternative Use

    Use
    Valuation
    Residential
    $6,926,602
    Hospitality
    $6,344,730
    Educational
    $5,278,741
    Medical
    $5,460,285
    Retail
    $8,211,375
4200 Mamie St, Hattiesburg, Mississippi

Location Insight

City
Hattiesburg
County
Lamar
State
Mississippi
Latitude
31.3195
Longitude
-89.3498
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
$42,630
-
-
$247,545
-
$108,000
$1,542,300
$1,650,300

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