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Four-Suite Office Building
For Sale
$285,000

6644 Gary Road, Byram, MS 39272

Commercial Sale, Byram, MS

Property Size2,226 SF
Lot Size0.50 Acres
Price / SF$128.03
Days on Market139

Property Features for 6644 Gary Road

General Information

Property type Commercial Sale
Property subtype Office
Standard status Active
APN 4851-0094-019
Size 2,226 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG 200 FT SLY INT S/L DAVIS RD & E/L GARY RD S 82.73 FT ELY 289 FT NLY 83.20 FT WLY 241.3 FT TO POB IN E 1/2 SE 1/4 SEC 29 T4 R1W TOWN OF BYRAM
Tax Annual Amount 3783
Legal Description BEG 200 FT SLY INT S/L DAVIS RD & E/L GARY RD S 82.73 FT ELY 289 FT NLY 83.20 FT WLY 241.3 FT TO POB IN E 1/2 SE 1/4 SEC 29 T4 R1W TOWN OF BYRAM

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1994
Floors in Building 2
Flooring type Tile, Carpet
Listing Agency: Arx Point Realty, LLC
Listed By: Anita Orey · License #B23712
Added: May 22 Changed: Sep 21 Last Checked: Oct 7 at 1:06PM
MLS# 4150447

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 2,226-square-foot office building contains four suites and was constructed in 1994. The well-maintained property includes carpet and tile flooring, with two suites currently occupied and one vacant suite available for showings by appointment. Public water and public sewer serve the building.

Positioned on Gary Road in Byram, the property provides access to I-55 and the Byram Parkway. The surrounding area includes established businesses, restaurants, schools, a veterinary clinic, and the local fire station. Its suite configuration supports professional services, medical operations, retail office use, and small business occupancy.

Key Highlights

  • Four‑suite office building totaling 2,226 square feet
  • Two suites occupied; one vacant suite available for showings by appointment
  • Built in 1994 and described as well maintained

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,752
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,040 $375.0K
Cap Rate 7%
$267,886 $267.9K
Cap Rate 9%
$208,356 $208.4K
Market Conditions
NOI Build-Up for 2,226 SF
Gross rent
$32.1K $14.40/SF
− Vacancy
−$7.1K −$3.17/SF
EGI
$25.0K $11.23/SF
− OpEx
−$6.3K −$2.81/SF
NOI
$18.8K $8.42/SF
Area
Hinds County, MS
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,040
Cap Rate 7%
$267,886
Cap Rate 9%
$208,356

Alternative Uses

Best Use
Office B
$267.9K
$234.4K – $312.5K (±1% cap)
NOI $18,752 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$15.12M
$13.23M – $17.64M (±1% cap)
NOI $1,058,503 @ 7.0% cap · market cap 371.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 39272, MS

14,022
Population
6,197
Households
2.3
Avg Household Size
37
Median Age
33%
College-Educated
96%
High-School Grad
23.5 sq mi
ZIP Area
597
Density / Sq Mi
$75,657
Median Household Income
$45,357
Median Earnings
$1,339
Median Rent
$175,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with flexible space for professional services, medical operations, retail office, or small businesses.
Where is this office building located?
The property is located at 6644 Gary Road Byram, MS.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four‑suite office building totaling 2,226 square feet; Two suites occupied; one vacant suite available for showings by appointment; Built in 1994 and described as well maintained
More about this property
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