Flex Warehouse with Office
5295 I-55 N Frontage Road Jackson, MS 39206
5295 I-55 N Frontage Road, Jackson, MS, 39206
$1,800,000
For Sale
$1,800,000
COMMERCIAL - Jackson, MS
Property Size20,000 SF
Lot Size2.73 Acres
Price / SF$90
Days on Market182
Property Features for 5295 I-55 N Frontage Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 507-350
- Size
- 20,000 SF
- Lot size
- 2.73 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- BEG 181.47 FT SWLY INT S/L BOUNDS ST & W/L INT 55 SWLY 50.43 FT W 469.92 FT N 229.21 FT E 259.14 FT S 179.29 FT E 219.17 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E And BEG INT S/L BOUNDS ST & W/L INT 55 SWLY 181.47 FT W 219.17 FT N 179.29 FT E 249.27 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E
- Tax Annual Amount
- 17202
Building Details
- Year built
- 1968
- Floors in Building
- 2
Listing agency
Overby, Inc.
(601) 366-8511
Listed by
Matthew Benton · License #S49807
(601) 366-8511
Added: Jan 21 Updated: Jul 10 at 8:45AM Checked: Jul 22 at 6:06AM
MLS# 4136840
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 flex-style commercial property was formerly used as a car dealership and tire shop, and it is currently operated as a flag-related business with A Complete Flag Source as the existing tenant. The site includes the option to retain the flag store while using approximately 6,000 SF of warehouse/office space for owner-operator use or additional leasing, with the remainder of the property remaining available for continued operations within the existing structure.
The property sits on a 2.73-acre lot with frontage and visibility from I-55. Access is available from both the I-55 Frontage Road and Bounds Street, supporting straightforward site entry and circulation for business use. The generous lot size also allows for future development while maintaining the current building(s).
The property sits on a 2.73-acre lot with frontage and visibility from I-55. Access is available from both the I-55 Frontage Road and Bounds Street, supporting straightforward site entry and circulation for business use. The generous lot size also allows for future development while maintaining the current building(s).
Key Highlights
- Excellent frontage and visibility from I‑55.
- 2.73‑acre lot allows for future development.
- Option to retain existing flag store as a tenant for income.
Local Financial Insights For Warehouse
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 | $132.0k | $6.60 |
| − Vacancy | −$4.4k | −$0.22 |
| EGI | $127.6k | $6.38 |
| − OpEx | −$19.1k | −$0.96 |
| NOI | $108.5k | $5.42 |
20,000 SF · lease $6.60/SF/yr · vacancy 3.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,497 @ 7.0% cap · market cap 6.03%
Second Best
Industrial
$925.0K
$809.3K – $1.08M
NOI $64,747 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $239,904 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Bessi Roo's Food Truck and Catering — 407 Bounds St, Jackson, MS 39206
- Taste Bud Magic ~~ Premier Catering Services — 5420, I-55, Jackson, MS 39211
FAQs
What type of property is this?
Flex space - Flex warehouse and office space on a 2.73-acre lot with I-55 frontage and access from frontage road and Bounds Street.
Where is this flex space located?
The property is located at 5295 I-55 N Frontage Road Jackson, MS.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Excellent frontage and visibility from I‑55.; 2.73‑acre lot allows for future development.; Option to retain existing flag store as a tenant for income.
