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Flex Space with Paved Parking

120 Scarbrough St, Richland, MS 39218

For Lease
$1,707/Mo

Commercially zoned flex space with natural gas service and a paved parking lot in Richland.

Space SizeContact for details
Days on Market95

Property Features for 120 Scarbrough St

General Information

Standard status Active

Building Details

Year Built 1993
Listing Agency: Overby, Inc.
Listed By: Amanda P Overby · License MS B19487
Source: Fiorellaavenue
Added: Aug 9 Changed: Oct 26 Last Checked: Oct 7 at 1:59PM

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 Overby, Inc.

Rey
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Investment Insights

Based on property information with market context.

This flex space is situated on a commercial-zoned property with natural gas service and a paved parking lot. The building was constructed in 1993.

The property is located at 120 Scarbrough Street in Richland, Mississippi, with access from Scarbrough Street and nearby Hwy 49. Richland High School is referenced in the approach directions.

Key Highlights

  • Commercial zoning
  • Paved parking lot
  • Natural gas service

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
Under-served
Demand for This Use

Demographics for 39218, MS

7,231
Population
2,950
Households
2.5
Avg Household Size
36
Median Age
26%
College-Educated
89%
High-School Grad
17.7 sq mi
ZIP Area
409
Density / Sq Mi
$63,103
Median Household Income
$37,279
Median Earnings
$1,146
Median Rent
$135,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF/Yr for Flex space in Rankin County, MS

$10.96 Jul
$10 Aug
$10.35 Sep
$10.51 Oct

Properties on Market for Flex space in Rankin County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned flex space with natural gas service and a paved parking lot in Richland.
Where is this flex space located?
The property is located at 120 Scarbrough St Richland, MS.
What is the lease rate?
The lease rate is $1,707/Mo.
What are key features of this property?
This property features: Commercial zoning; Paved parking lot; Natural gas service
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Includes: Price & PSF · Cap rate · Location · Zoning

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