Medical Office Building For
For Sale
Contact for pricing
1530 Old Canton Rd, Jackson, MS
Well-maintained medical office building in North Jackson.
Property Size20,995 SF
Lot Size5.22 Acres
Price / SF$175.04
Days on Market269
Property Features for 1530 Old Canton Rd
General Information
Standard status
Active
Size
20,995 SF
Lot size
5.22 Acres
Property subtype
OFFICE
Listing Agency:
CBRE | Jackson
(601) 573-9222
Listed By:
Richard Ridgway · License #19145
Source:
Moodyscre
Added: Nov 11, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:51AM
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 CBRE | Jackson
Investment Insights
Based on property information with market context.
The property at 6250 Old Canton Road, Jackson, MS is a well-maintained medical office building which includes a physical therapy clinic, offering a range of features that make it ideal for healthcare providers. Constructed in 1999, this Class B building spans 20,995 square feet and is situated on a 4.47-acre lot, designed to accommodate multiple tenants. The property includes 76 parking spaces, ensuring convenience for both staff and visitors. Additionally, the building offers prominent signage, enhancing visibility for the medical practices housed within. Located in North Jackson, the property is easily accessible from major roads and highways, making it strategic.
Key Highlights
- Well‑maintained medical office building with a physical therapy clinic.
- 20,995 square feet on a 4.47‑acre lot.
- Ample parking with 76 spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$208,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,172,120
$4.2M
Cap Rate 7%
$2,980,086
$3.0M
Cap Rate 9%
$2,317,844
$2.3M
Market Conditions
NOI Build-Up for 20,995 SF
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.
Gross rent
$377.9K $18.00/SF
− Vacancy
−$30.2K −$1.44/SF
EGI
$347.7K $16.56/SF
− OpEx
−$139.1K −$6.62/SF
NOI
$208.6K $9.94/SF
Area
Jackson, MS
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,172,120
Cap Rate 7%
$2,980,086
Cap Rate 9%
$2,317,844
Alternative Uses
Best Use
Healthcare Medical
$2.98M
$2.61M – $3.48M
NOI $208,606 @ 7.0% cap · market cap 5.68%
Second Best
Office B
$2.80M
$2.45M – $3.27M
NOI $196,211 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,839 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,128
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Briarwood Animal Hospital: White Jennifer DVM — 1471 Canton Mart Rd, Jackson, MS 39211
- Millcreek — 1471 Canton Mart Rd, Jackson, MS 39211
- Dale David DVM — 1471 Canton Mart Rd, Jackson, MS 39211
- Briarwood Animal Hospital — 1471 Canton Mart Rd, Jackson, MS 39211
- Kyle Pat B DVM — 1471 Canton Mart Rd, Jackson, MS 39211
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office building in North Jackson.
Where is this medical office space located?
The property is located at 1530 Old Canton Rd Jackson, MS.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: Well‑maintained medical office building with a physical therapy clinic.; 20,995 square feet on a 4.47‑acre lot.; Ample parking with 76 spaces.
