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Retail/Warehouse Flex Property

1434 Old Square Road, Jackson, MS 39211

For Sale
$799,000

Flexible retail and office-ready layout with dock-high access and back-of-building storage for distribution-focused uses.

Property Size12,318 SF
Days on Market143

Property Features for 1434 Old Square Road

General Information

Standard status Active
Size 12,318 SF
Property subtype Street Retail

Additional Details

Highway Access Yes

Building Details

Building Size 12,318 SF
Year Built 1982
Listing Agency: Overby Commercial
Listed By: Scott Overby · License #B16124
Source: Thebrokerlist
Added: Jun 20 Changed: Nov 1 Last Checked: Nov 8 at 2:09AM

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 Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property combines retail visibility with functional warehouse support. The building features glass frontage onto Old Square Road and a spacious, versatile floor plan that can work for retail, office, or hybrid concepts. Storage is available across the back of the building, and the property offers dock-high access designed to support loading and distribution needs.

The site is located in the Northeast Jackson area and is described as being surrounded by established retail and office destinations, including Highland Village, The District at Eastover, and Lefleur’s Bluff Tower. The property also has prominent access off the Interstate 55 corridor, supporting convenient customer and delivery reach.

For buyers or operators seeking one building that can serve multiple roles, the combination of street-facing glass and dock-high capability is a practical fit. Uses that benefit from both customer presentation and organized receiving/storage may find the layout and improvements well-suited to their day-to-day operations.

Key Highlights

  • Flexible retail and office‑ready layout with glass fronting onto Old Square Road.
  • Retail/warehouse property with dock‑high access.
  • Back‑of‑building storage designed for distribution‑focused use.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,824
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,480 $1.3M
Cap Rate 7%
$954,629 $954.6K
Cap Rate 9%
$742,489 $742.5K
Market Conditions
NOI Build-Up for 12,318 SF
Gross rent
$81.3K $6.60/SF
− Vacancy
−$2.7K −$0.22/SF
EGI
$78.6K $6.38/SF
− OpEx
−$11.8K −$0.96/SF
NOI
$66.8K $5.42/SF
Area
Jackson, MS
Vacancy
3.30%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,480
Cap Rate 7%
$954,629
Cap Rate 9%
$742,489

Alternative Uses

Best Use
Retail
$1.74M
$1.53M – $2.03M (±1% cap)
NOI $122,096 @ 7.0% cap · market cap 15.28%
Second Best
Warehouse
$954.6K
$835.3K – $1.11M (±1% cap)
NOI $66,824 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,757 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Crossfit JXN Gym & Fitness Center

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Garden Center Kitchen & Bath Showroom

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,317
Businesses Nearby
Balanced
Demand for This Use

Demographics for 39211, MS

24,900
Population
11,334
Households
2.2
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
2,024
Density / Sq Mi
$68,415
Median Household Income
$40,523
Median Earnings
$1,273
Median Rent
$198,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Jackson, MS

$55.73 Jul
$66.77 Aug
$61.59 Sep
$59.72 Oct

Properties on Market for Flex space in Jackson

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

Similar Off Market Nearby

  • Mangia Bene Catering — 4465 I-55, Jackson, MS 39206
  • Southern Provisions Catering — 4620 McWillie Dr, Jackson, MS 39206
  • Mama San's Wings & Zings LLC — 4780 I-55 Ste. 100, Jackson, MS 39211
  • Bessi Roo's Food Truck and Catering — 407 Bounds St, Jackson, MS 39206

Frequently Asked Questions

What type of property is this?
Flex space - Flexible retail and office-ready layout with dock-high access and back-of-building storage for distribution-focused uses.
Where is this flex space located?
The property is located at 1434 Old Square Road Jackson, MS.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Flexible retail and office‑ready layout with glass fronting onto Old Square Road.; Retail/warehouse property with dock‑high access.; Back‑of‑building storage designed for distribution‑focused use.
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