Flex Office and Warehouse
550 Pearl Park Plaza Pearl, MS 39208
For Sale
$309,000
COMMERCIAL - Pearl, MS
Property Size3,000 SF
Lot Size0.31 Acres
Price / SF$103
Days on Market62
Property Features for 550 Pearl Park Plaza
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- E09c-000014-00020
- Size
- 3,000 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- A LOT 89.18 X 17.25 X 122.58 X 100.0 X 136.0 BEING APPR OX 0.31 AC
- Tax Annual Amount
- 3093
Building Details
- Year built
- 1987
Listing Agency:
Backwoods Land Company, LLC
(601) 209-4882
Listed By:
Steven L Milner · License #B18659
(601) 941-1622
Added: May 25
Changed: Jul 24
Last Checked: Jul 25 at 10:06PM
MLS# 4150578
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 building combines approximately +/-1,500 SF of office space with approximately +/-1,500 SF of warehouse/shop space, creating a functional layout for commercial use. The property sits on approximately +/-0.31 acres, offering a compact site with practical space for operations.
The building is located in an established commercial area near major transportation corridors and the greater Jackson metro market. Current occupancy is in place through July 30, 2026, providing near-term income while leaving flexibility for an owner-user or investor after lease expiration.
The building is located in an established commercial area near major transportation corridors and the greater Jackson metro market. Current occupancy is in place through July 30, 2026, providing near-term income while leaving flexibility for an owner-user or investor after lease expiration.
Key Highlights
- 1987‑built commercial property with approximately +/- 1,500 SF office and +/- 1,500 SF warehouse/shop space
- Total size on approximately +/- 0.31 acres in an established commercial area
- Functional office + warehouse/shop layout designed to support a variety of commercial operations
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 | $28.4k | $9.48 |
| − Vacancy | −$1.9k | −$0.64 |
| EGI | $26.5k | $8.84 |
| − OpEx | −$4.0k | −$1.33 |
| NOI | $22.5k | $7.51 |
3,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$321.9K
$281.6K – $375.5K
NOI $22,530 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$265.1K
$231.9K – $309.2K
NOI $18,554 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 18.64%
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 Off Market Nearby
- King Kakes & Katering, LLC — 3064 Highway 80 E, #10, Pearl, MS 39208
FAQs
What type of property is this?
Flex space - Flex building includes office and warehouse/shop space on roughly 0.31 acres and is currently leased through July 30, 2026.
Where is this flex space located?
The property is located at 550 Pearl Park Plaza Pearl, MS.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: 1987‑built commercial property with approximately +/- 1,500 SF office and +/- 1,500 SF warehouse/shop space; Total size on approximately +/- 0.31 acres in an established commercial area; Functional office + warehouse/shop layout designed to support a variety of commercial operations
