For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Byram I-2 Zoned Property Title is generated by Realmo AI

    6022 I 55 South Frontage Rd, Byram, MS

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    5+ acre I-2 zoned property with office/flex & storage.

    Type:INDUSTRIAL
    Property size:
    5,154 SF
    Lot size:
    4.71 Acres
    Price / SF:
    $126/SF
    Added:
    Dec 22, 2023
    Days on Market:
    913
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 6022 I 55 South Frontage Rd

    General Information

    Standard status
    Active
    Size
    5,154 SF
    Lot size
    4.71 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Barry Clemmer
    Barry Clemmer

    Listing agent Barry Clemmer License #B16369

    Listing office Maselle & Associates REALTORS

    Listing date Dec 22, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Maselle & Associates REALTORS

    HighLights

    • I‑2 zoning on 5+ fenced acres with high visibility from I‑55 (34,000+ vehicles daily).
    • Easy access to I‑55 and I‑20, convenient location to Jackson and the airport.
    • 5154 sq ft office/flex space, including 3530 sq ft divisible into 5 individual offices for potential rental income.
    • Additional income potential from 2400 sq ft mini‑storage space with 19 units.
    • Previously used as an 18‑wheeler driver training facility, with a gravel‑layered surface suitable for parking, training, or development.
    • Utilities (power, water, sewage) are available, located in Byram.

    Overview

    This fenced property, zoned I-2, spans over 5 acres and is situated on the east frontage road just south of the Byram Exit, offering clear visibility from I-55 South, where an average of over 34,000 vehicles pass daily. It provides convenient access to I-55 and is located minutes from I-20, approximately 11 miles from downtown Jackson, and about 18 miles from Jackson-Medgar Wiley Evers International Airport. The property, previously used as an 18-wheeler driver training facility, includes 5154 square feet under roof, comprising 3530 square feet of office/training room space and 1624 square feet of office space. The 3530-square-foot floor plan features separate entrances with individual restrooms and can be leased separately as 5 individual offices for additional income. An additional 2400 square feet of mini-storage space, consisting of 19 storage units, is available for further income generation. The majority of the property is layered in gravel, suitable for 18-wheeler driver training, parking, or additional development. The property is equipped with power, water, and sewage and is located in the business-friendly city of Byram.

    Local Financial Insights For Flex RnD

    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 $58.8k $11.40
    − Vacancy −$7.1k −$1.37
    EGI $51.7k $10.03
    − OpEx −$18.1k −$3.51
    NOI $33.6k $6.52
    5,154 SF · lease $11.40/SF/yr · vacancy 12.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $480.1K
    $420.1K – $560.1K (±1% cap)
    NOI $33,608 @ 7.0% cap · market cap 5.17%
    Second Best
    Industrial
    $455.4K
    $398.5K – $531.3K (±1% cap)
    NOI $31,876 @ 7.0% cap · market cap 4.90%
    Theoretical Best
    Hotel Hospitality
    $35.01M
    $30.64M – $40.85M (±1% cap)
    NOI $2,450,819 @ 7.0% cap · market cap 377.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Byram
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2453671
    Latitude
    32.1793163

    FAQs

    What type of property is this?
    Flex space - 5+ acre I-2 zoned property with office/flex & storage.
    Where is this flex space located?
    The property is located at 6022 I 55 South Frontage Rd Byram, MS.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: I‑2 zoning on 5+ fenced acres with **high visibility from I‑55** (34,000+ vehicles daily).; Easy access to I‑55 and I‑20, convenient location to Jackson and the airport.; **5154 sq ft office/flex space**, including 3530 sq ft divisible into 5 individual offices for potential rental income.
    (601) 383-5243 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message