1001 Underwood Dr Flowood, MS 39232
For Lease
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Premier Flowood Industrial Park offers a prime opportunity for manufacturing businesses seeking flexible space in Rankin County, Mississippi. Located at 1001 Underwood Drive, Flowood, MS 39232, this single-tenant industrial property boasts 39,500 square feet of vacant space within a larger complex. The property is zoned I-2, providing versatility for various manufacturing operations. Its convenient location offers easy access to major transportation arteries, including Flowood Drive, Highway 80, Interstates 20 and 55, and the Jackson International Airport, ensuring efficient logistics and distribution. The industrial park features renovated buildings, enhancing functionality and appeal. A significant advantage is the presence of an active rail spur, providing an additional transportation option for businesses requiring rail access. The available space is suitable for warehousing, distribution, or manufacturing activities, making it an ideal location for businesses seeking a strategic presence within the robust Jackson MSA submarket. The property's size and amenities make it a compelling option for companies seeking to establish or expand their operations in a well-connected and developed industrial area. This is a rare opportunity to secure a substantial space in a thriving industrial park.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.