Office Warehouse
112 Riley Drive Jackson, MS 39209
112 Riley Drive, Jackson, MS, 39209
$297,500
For Sale
$297,500
COMMERCIAL - Jackson, MS
Property Size8,087 SF
Lot Size0.39 Acres
Price / SF$36.79
Days on Market372
Property Features for 112 Riley Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0806-0132-000
- Size
- 8,087 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BEG W/S RILEY DR 340 FT S OF NORTHSIDE DR S 95 FT W 180 FT N 95 FT E 180 FT TO POB PT LOT 13 FAE SUBN
- Tax Annual Amount
- 2129
Building Details
- Year built
- 1979
Listing Agency
JDJ Realty
(601) 707-5555
164 Watford Pkwy Dr, Madison, MS
Listed by
Kim Bobbitt · License #24085
(601) 209-6593
Added: Jul 11, 2025 Checked: Jul 17 at 12:06 am
MLS# 4119158
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 office warehouse building offers a combined office and warehouse layout, with approximately 8,087 square feet of total space on a 0.39-acre lot. It’s positioned for tenants or owners seeking straightforward warehouse functionality alongside dedicated office space within the same facility.
Located in the Northside industrial area, the property is less than a mile and a half from I-220, providing convenient access to the Jackson Metro area.
Available for lease or purchase, the listing includes a lease rate of $4.45 per square foot or a purchase price of $297,500.
Located in the Northside industrial area, the property is less than a mile and a half from I-220, providing convenient access to the Jackson Metro area.
Available for lease or purchase, the listing includes a lease rate of $4.45 per square foot or a purchase price of $297,500.
Key Highlights
- Affordable Price: Available for lease at $4.45/SF or purchase at $297,500.
- Sizeable Space: +/-8,000 SF office warehouse building.
- Convenient Location: Located in the Northside industrial area.
Local Financial Insights For Industrial
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 | $39.8k | $4.92 |
| − Vacancy | −$2.4k | −$0.30 |
| EGI | $37.4k | $4.62 |
| − OpEx | −$11.2k | −$1.39 |
| NOI | $26.2k | $3.24 |
8,087 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$626.7K
$548.4K – $731.2K
NOI $43,871 @ 7.0% cap · market cap 14.75%
Second Best
Industrial
$374.0K
$327.3K – $436.4K
NOI $26,181 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,005 @ 7.0% cap · market cap 32.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Office and warehouse building in Northside industrial area, under 1.5 miles from I-220 for strong metro access.
Where is this flex space located?
The property is located at 112 Riley Drive Jackson, MS.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: Affordable Price: Available for lease at $4.45/SF or purchase at $297,500.; Sizeable Space: +/-8,000 SF office warehouse building.; Convenient Location: Located in the Northside industrial area.
