Office-Warehouse Flex
For Sale
$297,500
112 Riley Drive, Jackson, MS 39209
Commercial Sale, Jackson, MS
Property Size8,000 SF
Lot Size0.39 Acres
Price / SF$36.79
Days on Market47
Property Features for 112 Riley Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Metes And Bounds
Standard status
Active
APN
806-132
Size
8,087 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
1800
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
1
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: Aug 25
Changed: Oct 8
Last Checked: Oct 10 at 6:06AM
MLS# 4160359
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 8,087-square-foot flex property includes both office and warehouse components within a 1979-built commercial structure. The building occupies a 0.39-acre parcel and is positioned in Northside’s industrial area.
Access to I-220 is less than 1.5 miles away, connecting the property with the broader Jackson Metro Area. The combination of office and warehouse space supports a range of commercial operations requiring both administrative and functional work areas.
Access to I-220 is less than 1.5 miles away, connecting the property with the broader Jackson Metro Area. The combination of office and warehouse space supports a range of commercial operations requiring both administrative and functional work areas.
Key Highlights
- 8,087‑square‑foot office warehouse building
- 0.39‑acre parcel in Northside industrial area
- Built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,181
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,620
$523.6K
Cap Rate 7%
$374,014
$374.0K
Cap Rate 9%
$290,900
$290.9K
Market Conditions
NOI Build-Up for 8,087 SF
Gross rent
$39.8K $4.92/SF
− Vacancy
−$2.4K −$0.30/SF
EGI
$37.4K $4.62/SF
− OpEx
−$11.2K −$1.39/SF
NOI
$26.2K $3.24/SF
Area
Jackson, MS
Vacancy
6.00%
Lease Rate
$4.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,620
Cap Rate 7%
$374,014
Cap Rate 9%
$290,900
Alternative Uses
Best Use
Office B
$1.08M
$944.7K – $1.26M
NOI $75,578 @ 7.0% cap · market cap 25.40%
Second Best
Warehouse
$626.7K
$548.4K – $731.2K
NOI $43,871 @ 7.0% cap · market cap 14.75%
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
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Built in 1979, the property combines office functions with warehouse space in an industrial setting.
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: 8,087‑square‑foot office warehouse building; 0.39‑acre parcel in Northside industrial area; Built in 1979
