211 Broadway DrHattiesburg, MS 39401

Property Details for 211 Broadway Dr

Year built

2001

Construction

STEEL FRAME

Property size (Sq ft)

4,186 SF

Property type

Office properties

Property subtype

Other office properties

APN

2-038C-16-365.00

APU

2038C1636500

Description

This exceptional Hattiesburg, Mississippi property at 211 Broadway Drive offers 28,467 square feet of flexible commercial space, currently entirely vacant and ready for immediate occupancy. The property is classified as Office, Industrial, and encompasses multiple suites within a mixed-use building. The building sits on a generous 2.38-acre lot, providing ample space for expansion or outdoor operations. The property's flexible design caters to a variety of uses, including flex space, warehouse, distribution, and R&D. Two suites are available, with a minimum divisible space of 8,467 square feet and a maximum contiguous space of 20,000 square feet. This presents a unique opportunity for businesses seeking a large, adaptable space in a prime Hattiesburg location. The property's Forrest County location (APN: 2-038C-16-365.00) offers convenient access to major transportation routes, enhancing logistical efficiency. The building's versatility makes it ideal for companies requiring a combination of office and warehouse space, or those needing a large, single-tenant space. This is a rare opportunity to secure a substantial, adaptable property in a thriving Mississippi market. The property is located at 211 Broadway Dr, Hattiesburg, MS 39401.

• CAP approach

  CAP return

  Valuation

  6%

  $663,822

  6.5%

  $612,759

  7%

  $568,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,312

  Geo Method

  $297,583

• Alternative Use

  Use

  Valuation

  Residential

  $759,821

  Hospitality

  $695,992

  Educational

  $579,057

  Medical

  $598,972

  Retail

  $900,756

Location Insight

City

Hattiesburg

County

Forrest

State

Mississippi

Latitude

31.3171

Longitude

-89.3046

CBSA code

25620

CBSA name

HATTIESBURG, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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