Office Condo with Flexible
New
For Sale
$350,000
148 Daughdrill, Flowood, MS 39232
Commercial Sale, Flowood, MS
Property Size1,800 SF
Lot Size0.03 Acres
Price / SF$194.44
Days on Market2
Property Features for 148 Daughdrill
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Main Street Office Condos
Standard status
Active
APN
F10q-000010-01480
Size
1,800 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 148 MAIN STREET OFFICE CONDOMINIUMS & 19.753% C OMMON AREA
Tax Annual Amount
3758
HOA Fee
$359 Monthly
Legal Description
UNIT 148 MAIN STREET OFFICE CONDOMINIUMS & 19.753% C OMMON AREA
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
ample parking
building signage
Building Details
Year built
2008
Floors in Building
1
Listing Agency:
Trifecta Real Estate, LLC
(601) 741-3559
Listed By:
Tena J Myers · License #B16142
(601) 720-0448
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 8:06PM
MLS# 4165627
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,800-square-foot office condominium at 148 Daughdrill Station was built in 2008 with a steel-frame, clear-span design. Its layout includes a reception and lobby area, five offices, a conference room, a restroom, and a break area. Central air serves the space, and the adaptable floor plan can be modified to suit different configurations.
The property is within Main Street Office Condominiums in Flowood’s retail and business district. Nearby destinations include Dogwood Festival Market, Promenade, Market Street, Lakeland Commons, Table 100, Lowe’s Home Improvement, Ichiban Hibachi & Sushi, and Candlewood Suites. Building signage and ample parking are available. Public water and sewer service and electricity availability are also noted.
The property is within Main Street Office Condominiums in Flowood’s retail and business district. Nearby destinations include Dogwood Festival Market, Promenade, Market Street, Lakeland Commons, Table 100, Lowe’s Home Improvement, Ichiban Hibachi & Sushi, and Candlewood Suites. Building signage and ample parking are available. Public water and sewer service and electricity availability are also noted.
Key Highlights
- 1,800 square feet in Main Street Office Condominiums
- Five offices, reception and lobby, conference room, restroom, and break area
- Steel‑frame, clear‑span construction completed in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,299
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,980
$406.0K
Cap Rate 7%
$289,986
$290.0K
Cap Rate 9%
$225,544
$225.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$37.8K $21.00/SF
− Vacancy
−$4.0K −$2.21/SF
EGI
$33.8K $18.80/SF
− OpEx
−$13.5K −$7.52/SF
NOI
$20.3K $11.28/SF
Area
Rankin County, MS
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,980
Cap Rate 7%
$289,986
Cap Rate 9%
$225,544
Alternative Uses
Best Use
Healthcare Medical
$290.0K
$253.7K – $338.3K
NOI $20,299 @ 7.0% cap · market cap 5.80%
Second Best
Office B
$277.7K
$243.0K – $324.0K
NOI $19,440 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 39232, MS
9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Reception, private offices, a conference room, and a break area support a range of office configurations.
Where is this office units located?
The property is located at 148 Daughdrill Flowood, MS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,800 square feet in Main Street Office Condominiums; Five offices, reception and lobby, conference room, restroom, and break area; Steel‑frame, clear‑span construction completed in 2008
