Retail
New
For Sale
$472,000
109 Grants Ferry Road, Brandon, MS 39047
Commercial Sale, Brandon, MS
Property Size2,351 SF
Lot Size0.69 Acres
Price / SF$200.77
Days on Market4
Property Features for 109 Grants Ferry Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Fireplace
1
Lot features
Many Trees, Partially Wooded, Many Trees, Partially Wooded
Directions
From Lakeland Drive, travel east and turn left (north) onto Old Fannin Road. Continue north on Old Fannin Road, then turn right (east) onto Spillway Road, then another right (south) at the intersected light at Grants Ferry Road. The property will be on your left, approximately 350 feet.
Standard status
Active
APN
H11-000094-00010
Size
2,351 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 232.47 X 112.72 X 76.83 X 157.87 X 144.17 IN NW4 N W4 E/S OF RD DB 769 P G 0411 0062096
Tax Annual Amount
6090
Legal Description
LOT 232.47 X 112.72 X 76.83 X 157.87 X 144.17 IN NW4 N W4 E/S OF RD DB 769 P G 0411 0062096
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central, Fireplace(s)
Cooling system
Ceiling Fan(s), Multi Units, Central Air
Water source
Public
Building Details
Year built
2002
Flooring type
Concrete, Carpet
Roof type
Shingle
Listing Agency:
Overby, Inc.
(601) 366-8511
Listed By:
Bryan Rutledge · License #s-60425
(601) 842-3871
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 6:06PM
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.
The retail property includes a 2,351-square-foot commercial building on 0.69 acres, constructed in 2002. Interior finishes include concrete and carpet flooring, with central heating and air conditioning, ceiling fans, multiple cooling units, and a fireplace. Natural gas is available, and the building has a shingle roof.
The property fronts Grants Ferry Road in Brandon, near the Grants Ferry Road and Spillway Road signal. Lakeland Drive and Old Fannin Road are among the nearby routes. Grants Ferry Road carries approximately 11,000 vehicles daily. Public water and public sewer serve the property.
The property fronts Grants Ferry Road in Brandon, near the Grants Ferry Road and Spillway Road signal. Lakeland Drive and Old Fannin Road are among the nearby routes. Grants Ferry Road carries approximately 11,000 vehicles daily. Public water and public sewer serve the property.
Key Highlights
- 2,351‑square‑foot commercial building on 0.69 acres
- Built in 2002
- Grants Ferry Road location near its signalized intersection with Spillway Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,689
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,780
$493.8K
Cap Rate 7%
$352,700
$352.7K
Cap Rate 9%
$274,322
$274.3K
Market Conditions
NOI Build-Up for 2,351 SF
Gross rent
$37.5K $15.96/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$35.3K $15.00/SF
− OpEx
−$10.6K −$4.50/SF
NOI
$24.7K $10.50/SF
Area
Rankin County, MS
Vacancy
6.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,780
Cap Rate 7%
$352,700
Cap Rate 9%
$274,322
Alternative Uses
Best Use
Retail
$352.7K
$308.6K – $411.5K
NOI $24,689 @ 7.0% cap · market cap 5.23%
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
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Current Use
Lease Details
11,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
8k
Monthly Visits Nearby
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property combines an existing commercial building with public water and sewer service.
Where is this retail space 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 commercial building on 0.69 acres; Built in 2002; Grants Ferry Road location near its signalized intersection with Spillway Road
