Two-Story Retail
109 Grants Ferry Road, Brandon, MS 39047
For Sale
$472,000
Commercial Sale, Brandon, MS
Property Size2,351 SF
Lot Size0.69 Acres
Price / SF$200.77
Days on Market32
Property Features for 109 Grants Ferry Road
General Information
Property type
Property subtype
Fireplace
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Roof type
Buildings
Listing Agency:
Overby, Inc.
(601) 366-8511
Listed By:
Bryan Rutledge · License MS S-60425
(601) 842-3871
Added: Oct 12
Changed: Nov 5
Last Checked: Nov 12 at 6:06AM
MLS# 4165637
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 two-story retail building contains 2,351 square feet and is currently operating as a store. Built in 2002, it has concrete and carpet flooring, central heating and cooling, and a fireplace. Public water and sewer are available, and the roof is shingle.
The property occupies 0.69 acres on Grants Ferry Road, with 255 feet of frontage and reported traffic of 11,000 cars per day. It is a few hundred feet from the Spillway Road and Grants Ferry Road intersection. A portion of the parcel remains wooded.
The property occupies 0.69 acres on Grants Ferry Road, with 255 feet of frontage and reported traffic of 11,000 cars per day. It is a few hundred feet from the Spillway Road and Grants Ferry Road intersection. A portion of the parcel remains wooded.
Key Highlights
- 2,351‑square‑foot, two‑story retail building, built in 2002
- Currently operating as a retail store
- 0.69‑acre site with 255 feet of Grants Ferry Road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,303
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,060
$466.1K
Cap Rate 7%
$332,900
$332.9K
Cap Rate 9%
$258,922
$258.9K
Market Conditions
NOI Build-Up for 2,351 SF
Gross rent
$35.3K $15.00/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$33.3K $14.16/SF
− OpEx
−$10.0K −$4.25/SF
NOI
$23.3K $9.91/SF
Area
Rankin County, MS
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,060
Cap Rate 7%
$332,900
Cap Rate 9%
$258,922
Alternative Uses
Best Use
Retail
$332.9K
$291.3K – $388.4K
NOI $23,303 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.8K
$564.2K – $752.3K
NOI $45,139 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
11,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
4,691 visits/mo
0.1 miles
Chevron
Shops & Services
3,378 visits/mo
0.1 miles
Demographics for 39047, MS
39,191
Population
16,706
Households
2.3
Avg Household Size
39
Median Age
45%
College-Educated
93%
High-School Grad
96.9 sq mi
ZIP Area
404
Density / Sq Mi
$93,114
Median Household Income
$52,928
Median Earnings
$1,491
Median Rent
$265,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - An operating retail store occupies a site with wooded acreage and room for additional development.
Where is this storefront property located?
The property is located at 109 Grants Ferry Road Brandon, MS.
What is the asking price?
The asking price for this property is $472,000.
What are key features of this property?
This property features: 2,351‑square‑foot, two‑story retail building, built in 2002; Currently operating as a retail store; 0.69‑acre site with 255 feet of Grants Ferry Road frontage
