Live-Work Flex Office
1030 Greymont Street Jackson, MS 39202
For Sale
$265,000
COMMERCIAL - Jackson, MS
Property Size2,550 SF
Lot Size0.19 Acres
Price / SF$103.92
Days on Market47
Property Features for 1030 Greymont Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- 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
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
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: Jul 24
Last Checked: Jul 25 at 6:06AM
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.
Investment Insights
Based on property information with market context.
This flexible live-work style property includes a newly remodeled office building and a separate shop. The shop features a roll-up door and has its own full bathroom, while the office building is equipped with a kitchen and has washer/dryer connections along with a full bathroom. Together, the configuration supports a combined office-and-work space setup.
The property backs up to the Museum Walking Trail and is described as being located near I-55, colleges, and hospitals.
With both an office and a dedicated shop on-site, the layout is designed for tenants who need a workplace with a separate area for hands-on operations.
The property backs up to the Museum Walking Trail and is described as being located near I-55, colleges, and hospitals.
With both an office and a dedicated shop on-site, the layout is designed for tenants who need a workplace with a separate area for hands-on operations.
Key Highlights
- 1983‑built property with a separate shop and office building (1,393 SF shop + 1,162 SF office).
- Shop includes a roll‑up door and both the shop and office have full bathrooms.
- Office features a kitchen and washer/dryer connections.
Financial Insights For Office B
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 | $36.1k | $14.16 |
| − Vacancy | −$4.3k | −$1.70 |
| EGI | $31.8k | $12.46 |
| − OpEx | −$7.9k | −$3.12 |
| NOI | $23.8k | $9.35 |
2,550 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$340.4K
$297.9K – $397.2K
NOI $23,831 @ 7.0% cap · market cap 8.99%
Second Best
Mixed Use
$319.7K
$279.7K – $372.9K
NOI $22,376 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,588 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Newly remodeled office plus a separate shop with roll-up door, each with its own full bathroom.
Where is this live-work space located?
The property is located at 1030 Greymont Street Jackson, MS.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1983‑built property with a separate shop and office building (1,393 SF shop + 1,162 SF office).; Shop includes a roll‑up door and both the shop and office have full bathrooms.; Office features a kitchen and washer/dryer connections.
