603 Broadway DrHattiesburg, MS 39401

Property Details for 603 Broadway Dr

Year built

2002

Construction

STEEL FRAME

Property size (Sq ft)

5,650 SF

Property type

Retail properties

Property subtype

Other automotive properties

APN

2-038D-16-108.01

APU

2038D1610801

Description

This exceptional 9,170-square-foot commercial building in Hattiesburg, Mississippi, is available for lease. Previously occupied by Dean McCrary Kia, this single-story structure sits on a 2.22-acre lot at a high-traffic, fully signalized intersection of Broadway Drive and Timothy Lane, providing 200 feet of prime commercial frontage. The property is zoned R-1B and offers versatile space suitable for a variety of uses, including traditional office, executive office, coworking, and medical office spaces. Features include multiple air-conditioned offices, an expansive showroom with glass pass-through staging doors, a large service facility with overhead doors and a staging area, a customer lounge, parts and service center, a breakroom, three restrooms, and ample parts storage. The building's layout is well-suited for businesses requiring office, showroom, and service capabilities, particularly those in the automotive industry or similar sectors. This prime location ensures maximum visibility and accessibility for any business. The property is located at 603 Broadway Dr, Hattiesburg, MS 39401, in Forrest County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,317,099

  6.5%

  $1,215,783

  7%

  $1,128,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,086,087

  Geo Method

  $1,012,179

• Alternative Use

  Use

  Valuation

  Residential

  $1,025,559

  Hospitality

  $939,406

  Educational

  $781,575

  Medical

  $808,455

  Retail

  $1,215,783

Location Insight

City

Hattiesburg

County

Forrest

State

Mississippi

Latitude

31.3141

Longitude

-89.3101

CBSA code

25620

CBSA name

HATTIESBURG, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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