Flex Building with Gated
For Sale
Contact for pricing
328 Elton Rd, Jackson, MS 39212
Flex property offering office and warehouse space, plus a gated yard and 13 parking spaces.
Property Size12,147 SF
Price / SF$53.51
Days on Market626
Property Features for 328 Elton Rd
General Information
Standard status
Active
Size
12,147 SF
Total Parking Spaces
13
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
gated yard
Listing Agency:
Maestri-Murrell Inc
(337) 591-6411
Listed By:
Drew Gonzales · License #0000008180
(337) 591-6411
Source:
Moodyscre
Added: Nov 11, 2024
Changed: Jul 27
Last Checked: Jul 30 at 2:02PM
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 Maestri-Murrell Inc
Investment Insights
Based on property information with market context.
The property includes 5,594 SF of office space and 6,553 SF of warehouse space, providing a flex-style layout for combined operations. Additional site improvements include a gated yard, along with 13 parking spaces.
The listing is offered for sale, and additional details are available by contacting the agent.
(Please note: no further information was provided regarding building condition, layout specifics beyond the stated areas, or use restrictions.)
The listing is offered for sale, and additional details are available by contacting the agent.
(Please note: no further information was provided regarding building condition, layout specifics beyond the stated areas, or use restrictions.)
Key Highlights
- 5,594 SF office space and 6,553 SF warehouse space
- Includes a gated yard
- On‑site parking for 13 vehicles
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 | $59.8k | $4.92 |
| − Vacancy | −$3.6k | −$0.30 |
| EGI | $56.2k | $4.62 |
| − OpEx | −$16.9k | −$1.39 |
| NOI | $39.3k | $3.24 |
12,147 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.62M
$1.42M – $1.89M
NOI $113,521 @ 7.0% cap · market cap 17.46%
Second Best
Warehouse
$941.4K
$823.7K – $1.10M
NOI $65,896 @ 7.0% cap · market cap 10.14%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,706 @ 7.0% cap · market cap 22.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39212, MS
29,087
Population
12,738
Households
2.3
Avg Household Size
36
Median Age
22%
College-Educated
89%
High-School Grad
29.6 sq mi
ZIP Area
983
Density / Sq Mi
$53,300
Median Household Income
$31,604
Median Earnings
$1,128
Median Rent
$105,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex property offering office and warehouse space, plus a gated yard and 13 parking spaces.
Where is this flex space located?
The property is located at 328 Elton Rd Jackson, 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: 5,594 SF office space and 6,553 SF warehouse space; Includes a gated yard; On‑site parking for 13 vehicles
