Gas Station with Fuel
1141 University Boulevard Jackson, MS 39204
For Sale
$245,000
COMMERCIAL - Jackson, MS
Property Size3,045 SF
Lot Size0.67 Acres
Price / SF$80.46
Days on Market158
Property Features for 1141 University Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 0164-0001-000
- Size
- 3,045 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BEG INT W/L TERRY RD & N/L SILAS BROWN ST W 200.55 FT NLY 100 FT E 200.55 FT SLY 100 FT TO POB PT SE 1/4 NW 1/4 SEC 9 T5N R1E ALL LOT 36 HANDY PLACE SUB
- Tax Annual Amount
- 9763
Listing Agency:
eXp Realty
(601) 455-0101
Listed By:
Prakash Agrawal · License #S56997
(601) 316-4092
Added: Feb 17
Changed: Jul 24
Last Checked: Jul 25 at 4:06AM
MLS# 4139528
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 property is a gas station site with exterior fuel infrastructure still in place. According to the available remarks, the store building and everything inside was burnt down in a fire, while the tanks and outside fuel pumps are still in good condition. The interior store would need to be remodeled for the station to operate again.
The site is located at 1141 University Boulevard in Jackson, Mississippi 39204, in Hinds County. The lot size is 0.67 acres, and the property size is listed at 3,045 square feet.
For sale as a commercial real estate asset, the overall value centers on the existing fuel tanks and pumps and the opportunity to rebuild the store interior.
The site is located at 1141 University Boulevard in Jackson, Mississippi 39204, in Hinds County. The lot size is 0.67 acres, and the property size is listed at 3,045 square feet.
For sale as a commercial real estate asset, the overall value centers on the existing fuel tanks and pumps and the opportunity to rebuild the store interior.
Key Highlights
- Gas station property with fire damage; everything inside the store was burnt down.
- Above‑ground tanks, outside equipment, and pumps are reported to still be in good condition.
- Store area may be remodeled to restore the gas station use.
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 | $15.0k | $4.92 |
| − Vacancy | −$899 | −$0.30 |
| EGI | $14.1k | $4.62 |
| − OpEx | −$4.2k | −$1.39 |
| NOI | $9.9k | $3.24 |
3,045 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$483.5K
$423.1K – $564.1K
NOI $33,845 @ 7.0% cap · market cap 13.81%
Second Best
Retail
$431.2K
$377.3K – $503.0K
NOI $30,182 @ 7.0% cap · market cap 12.32%
Theoretical Best
Office A
$521.8K
$456.6K – $608.8K
NOI $36,525 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
FAQs
What type of property is this?
Gas station - Standalone gas station site with tanks and pumps intact; the store interior was destroyed by fire and needs remodeling.
Where is this gas station located?
The property is located at 1141 University Boulevard Jackson, MS.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Gas station property with fire damage; everything inside the store was burnt down.; Above‑ground tanks, outside equipment, and pumps are reported to still be in good condition.; Store area may be remodeled to restore the gas station use.
