Live-Work Flex Office
For Sale
$265,000
1030 Greymont Street, Jackson, MS 39202
COMMERCIAL - Jackson, MS
Property Size2,550 SF
Lot Size0.19 Acres
Price / SF$103.92
Days on Market53
Property Features for 1030 Greymont Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Subdivision
Belhaven/Belhaven Heights
Standard status
Active
APN
17-136
Size
2,550 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 17 BLK 75 BELHAVEN HGTS
Tax Annual Amount
1877
Legal Description
LOT 17 BLK 75 BELHAVEN HGTS
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1983
Listing Agency:
Nix-Tann & Associates, Inc.
(601) 982-7918
Listed By:
Mike Hoffman · License #S22757
(601) 214-7714
Added: Jun 9
Changed: Jul 24
Last Checked: Jul 31 at 6:06AM
MLS# 4152104
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flexible live-work style property includes a newly remodeled office building and a separate shop. The shop features a roll-up door and has its own full bathroom, while the office building is equipped with a kitchen and has washer/dryer connections along with a full bathroom. Together, the configuration supports a combined office-and-work space setup.
The property backs up to the Museum Walking Trail and is described as being located near I-55, colleges, and hospitals.
With both an office and a dedicated shop on-site, the layout is designed for tenants who need a workplace with a separate area for hands-on operations.
The property backs up to the Museum Walking Trail and is described as being located near I-55, colleges, and hospitals.
With both an office and a dedicated shop on-site, the layout is designed for tenants who need a workplace with a separate area for hands-on operations.
Key Highlights
- 1983‑built property with a separate shop and office building (1,393 SF shop + 1,162 SF office).
- Shop includes a roll‑up door and both the shop and office have full bathrooms.
- Office features a kitchen and washer/dryer connections.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.1k | $14.16 |
| − Vacancy | −$4.3k | −$1.70 |
| EGI | $31.8k | $12.46 |
| − OpEx | −$7.9k | −$3.12 |
| NOI | $23.8k | $9.35 |
2,550 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$340.4K
$297.9K – $397.2K
NOI $23,831 @ 7.0% cap · market cap 8.99%
Second Best
Mixed Use
$319.7K
$279.7K – $372.9K
NOI $22,376 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,588 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,795
Businesses Nearby
Explore this area
Business Placement
Demographics for 39202, MS
7,405
Population
4,332
Households
1.7
Avg Household Size
35
Median Age
42%
College-Educated
88%
High-School Grad
3.9 sq mi
ZIP Area
1,899
Density / Sq Mi
$41,250
Median Household Income
$32,111
Median Earnings
$876
Median Rent
$211,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Newly remodeled office plus a separate shop with roll-up door, each with its own full bathroom.
Where is this live-work space located?
The property is located at 1030 Greymont Street Jackson, MS.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1983‑built property with a separate shop and office building (1,393 SF shop + 1,162 SF office).; Shop includes a roll‑up door and both the shop and office have full bathrooms.; Office features a kitchen and washer/dryer connections.
