6022 I 55 South Frontage Rd, Byram, MS
5+ acre I-2 zoned property with office/flex & storage.
- 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
Listing agent Barry Clemmer License #B16369 (601) 383-5243
Listing office Maselle & Associates REALTORS (601) 383-5243
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
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Byram
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.2453671
- Latitude
- 32.1793163