Gas Station with Existing
456 Daniel Lake Boulevard Jackson, MS 39212
456 Daniel Lake Boulevard, Jackson, MS, 39212
$150,000
For Sale
$150,000
Former gas station site includes an on-site building that requires substantial renovation.
Property Size900 SF
Price / SF$166.67
Days on Market1406
Property Features for 456 Daniel Lake Boulevard
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1981
Listing agency
(601) 278-6459
Listed by
Coldwell Banker Graham
(601) 278-6459
Source
Xome
Added: Sep 15, 2022 Updated: Jul 20 at 11:02PM Checked: Jul 21 at 3:10AM
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 Coldwell Banker Graham
Investment Insights
Based on property information with market context.
The property is a former gas station site with an existing building. The building condition is described as minimal and it needs a lot of work, making the site best suited for a buyer planning significant renovation.
Public remarks indicate the property is located right off Interstate 55 South.
The asset is presented for sale as a smaller commercial site with improvements currently in place but requiring substantial redevelopment attention.
Public remarks indicate the property is located right off Interstate 55 South.
The asset is presented for sale as a smaller commercial site with improvements currently in place but requiring substantial redevelopment attention.
Key Highlights
- Former gas station site with an on‑site building requiring substantial renovation
- Off Interstate 55 South
- Year built: 1981
Local Financial Insights For Specialty Retail
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 | $14.0k | $15.60 |
| − Vacancy | −$702 | −$0.78 |
| EGI | $13.3k | $14.82 |
| − OpEx | −$3.3k | −$3.70 |
| NOI | $10.0k | $11.11 |
900 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$142.9K
$125.1K – $166.7K
NOI $10,004 @ 7.0% cap · market cap 6.67%
Second Best
Retail
$127.4K
$111.5K – $148.7K
NOI $8,921 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$154.2K
$135.0K – $179.9K
NOI $10,796 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Former gas station site includes an on-site building that requires substantial renovation.
Where is this gas station located?
The property is located at 456 Daniel Lake Boulevard Jackson, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Former gas station site with an on‑site building requiring substantial renovation; Off Interstate 55 South; Year built: 1981
