Flex Property with Heated
For Sale
$255,000
1030 Greymont Street, Jackson, MS 39202
Commercial Sale, Jackson, MS
Property Size2,550 SF
Lot Size0.19 Acres
Price / SF$100
Days on Market139
Property Features for 1030 Greymont Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Subdivision
Belhaven/Belhaven Heights
Standard status
Active
APN
17-136
Size
2,550 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 17 BLK 75 BELHAVEN HGTS
Tax Annual Amount
1877
Legal Description
LOT 17 BLK 75 BELHAVEN HGTS
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
kitchen
washer/dryer connections
Building Details
Year built
1983
Listing Agency:
Nix-Tann & Associates, Inc.
(601) 982-7918
Listed By:
Mike Hoffman · License #S22757
(601) 214-7714
Added: Jun 9
Changed: Oct 2
Last Checked: Oct 25 at 4:06PM
MLS# 4152104
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.
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Investment Insights
Based on property information with market context.
This flex property pairs a 1,162-square-foot office building with a 1,393-square-foot shop. The shop has a roll-up door and heating and cooling, while both buildings have a full bathroom. Central heating and air conditioning serve the property, which was built in 1983.
The office contains a kitchen and washer and dryer connections. The site backs onto the Museum Walking Trail and is near I-55, colleges, and hospitals. Public water and sewer are available, along with cable service.
The office contains a kitchen and washer and dryer connections. The site backs onto the Museum Walking Trail and is near I-55, colleges, and hospitals. Public water and sewer are available, along with cable service.
Key Highlights
- 1,393‑square‑foot shop with roll‑up door, heating, and cooling
- 1,162‑square‑foot office building with kitchen and washer and dryer connections
- A full bathroom in each building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,376
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,520
$447.5K
Cap Rate 7%
$319,657
$319.7K
Cap Rate 9%
$248,622
$248.6K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$39.8K $15.60/SF
− Vacancy
−$4.0K −$1.56/SF
EGI
$35.8K $14.04/SF
− OpEx
−$13.4K −$5.27/SF
NOI
$22.4K $8.77/SF
Area
Jackson, MS
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,520
Cap Rate 7%
$319,657
Cap Rate 9%
$248,622
Alternative Uses
Best Use
Office B
$340.4K
$297.9K – $397.2K
NOI $23,831 @ 7.0% cap · market cap 9.35%
Second Best
Mixed Use
$319.7K
$279.7K – $372.9K
NOI $22,376 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,588 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39202, MS
7,405
Population
4,332
Households
1.7
Avg Household Size
35
Median Age
42%
College-Educated
88%
High-School Grad
3.9 sq mi
ZIP Area
1,899
Density / Sq Mi
$41,250
Median Household Income
$32,111
Median Earnings
$876
Median Rent
$211,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- 1908 Provisions — 734 Fairview St, Jackson, MS 39202
Frequently Asked Questions
What type of property is this?
Flex space - A separate office includes a kitchen, washer and dryer connections, and its own full bathroom.
Where is this flex space located?
The property is located at 1030 Greymont Street Jackson, MS.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1,393‑square‑foot shop with roll‑up door, heating, and cooling; 1,162‑square‑foot office building with kitchen and washer and dryer connections; A full bathroom in each building
