Improved Industrial Land with
2340 Maddox Road Jackson, MS 39209
2340 Maddox Road, Jackson, MS, 39209
$300,000
For Sale
$300,000
1.65 acre industrial land with 5,455 SF warehouse.
Property Size5,455 SF
Lot Size1.65 Acres
Price / SF$54
Days on Market137
Property Features for 2340 Maddox Road
General Information
- Standard status
- Active
- Size
- 5,455 SF
- Lot size
- 1.65 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1974
Listing agency
NAI UCR Properties
(601) 405-7136
Listed by
Alex Wilson, CCIM · License #MS #22859
(601) 405-7136
Source
Naiglobal
Added: Mar 6 Updated: Jul 6 at 10:31AM Checked: Jul 21 at 6:04AM
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 NAI UCR Properties
Investment Insights
Based on property information with market context.
This industrial property features approximately 1.65 acres of improved laydown yard with both concrete and gravel surfacing. A clear span warehouse/storage building provides approximately 5,455 square feet of space and includes a 14-foot roll-up door and one dock-high door. The site is fully fenced and level, with a secure access gate for controlled entry. The property is located in an industrial corridor of Jackson, MS, near the Clinton/Jackson border, with access to Interstates 20 and 220. The location features three separate ingress and egress points to facilitate truck circulation and reduce congestion. This property is well-suited for high-volume users, enhancing operational efficiency and ensuring seamless flow for freight and deliveries.
Key Highlights
- ±1.65 acres of improved laydown yard with concrete and gravel surfacing.
- +/- 5,455 SF clear span warehouse/storage building.
- Strategic location in a prime industrial corridor with great access to Interstates 20 and 220.
Local 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 | $26.8k | $4.92 |
| − Vacancy | −$1.6k | −$0.30 |
| EGI | $25.2k | $4.62 |
| − OpEx | −$7.6k | −$1.39 |
| NOI | $17.7k | $3.24 |
5,455 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$422.8K
$369.9K – $493.2K
NOI $29,593 @ 7.0% cap · market cap 9.86%
Second Best
Industrial
$252.3K
$220.8K – $294.3K
NOI $17,660 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$934.8K
$817.9K – $1.09M
NOI $65,434 @ 7.0% cap · market cap 21.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Fort Knox Storage Units — 2141 Woodland Way, Jackson, MS 39209
- American Premier Storage — 2141 Woodland Way, Jackson, MS 39209
- The Storage Center — 5651 MS-18, Jackson, MS 39209
FAQs
What type of property is this?
Warehouse - 1.65 acre industrial land with 5,455 SF warehouse.
Where is this warehouse located?
The property is located at 2340 Maddox Road Jackson, MS.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: ±1.65 acres of improved laydown yard with concrete and gravel surfacing.; +/- 5,455 SF clear span warehouse/storage building.; Strategic location in a prime industrial corridor with great access to Interstates 20 and 220.
