Office Warehouse
For Sale
$297,500
112 Riley Drive, Jackson, MS 39209
COMMERCIAL - Jackson, MS
Property Size8,087 SF
Lot Size0.39 Acres
Price / SF$36.79
Days on Market385
Property Features for 112 Riley Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
1.4 miles SW of I-220 off of Northside Drive in Jackson MS
Standard status
Active
APN
0806-0132-000
Size
8,087 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BEG W/S RILEY DR 340 FT S OF NORTHSIDE DR S 95 FT W 180 FT N 95 FT E 180 FT TO POB PT LOT 13 FAE SUBN
Tax Annual Amount
2129
Legal Description
BEG W/S RILEY DR 340 FT S OF NORTHSIDE DR S 95 FT W 180 FT N 95 FT E 180 FT TO POB PT LOT 13 FAE SUBN
Building Details
Year built
1979
Listing Agency:
JDJ Realty
(601) 707-5555
Listed By:
Kim Bobbitt · License #24085
(601) 209-6593
Added: Jul 11, 2025
Changed: Jul 24
Last Checked: Jul 30 at 8:06PM
MLS# 4119158
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 office warehouse building offers a combined office and warehouse layout, with approximately 8,087 square feet of total space on a 0.39-acre lot. It’s positioned for tenants or owners seeking straightforward warehouse functionality alongside dedicated office space within the same facility.
Located in the Northside industrial area, the property is less than a mile and a half from I-220, providing convenient access to the Jackson Metro area.
Available for lease or purchase, the listing includes a lease rate of $4.45 per square foot or a purchase price of $297,500.
Located in the Northside industrial area, the property is less than a mile and a half from I-220, providing convenient access to the Jackson Metro area.
Available for lease or purchase, the listing includes a lease rate of $4.45 per square foot or a purchase price of $297,500.
Key Highlights
- Affordable Price: Available for lease at $4.45/SF or purchase at $297,500.
- Sizeable Space: +/-8,000 SF office warehouse building.
- Convenient Location: Located in the Northside industrial area.
Financial Insights For Industrial
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 | $39.8k | $4.92 |
| − Vacancy | −$2.4k | −$0.30 |
| EGI | $37.4k | $4.62 |
| − OpEx | −$11.2k | −$1.39 |
| NOI | $26.2k | $3.24 |
8,087 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$626.7K
$548.4K – $731.2K
NOI $43,871 @ 7.0% cap · market cap 14.75%
Second Best
Industrial
$374.0K
$327.3K – $436.4K
NOI $26,181 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,005 @ 7.0% cap · market cap 32.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39209, MS
25,227
Population
12,438
Households
2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
405
Density / Sq Mi
$35,103
Median Household Income
$27,351
Median Earnings
$969
Median Rent
$74,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse building in Northside industrial area, under 1.5 miles from I-220 for strong metro access.
Where is this flex space located?
The property is located at 112 Riley Drive Jackson, MS.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: Affordable Price: Available for lease at $4.45/SF or purchase at $297,500.; Sizeable Space: +/-8,000 SF office warehouse building.; Convenient Location: Located in the Northside industrial area.
