Class A Flex
For Sale
Contact for pricing
185 Country Place Parkway, Pearl, MS 39208
Built in 2019 with showroom, office, training, and warehouse capabilities.
Property Size4,532 SF
Price / SF$1.17
Days on Market84
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Property Features for 185 Country Place Parkway
General Information
Standard status
Active
Size
4,532 SF
Class
Class A
Warehouse & Industrial
Clear Height
17.3 ft
Drive-In Doors
2
Building Details
Year Built
2019
Listing Agency:
Overby, Inc.
(601) 366-8511
Listed By:
Amanda P Overby · License #B19487
(601) 624-4611
Source:
Insightgroupms
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 14 at 10:41PM
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, Inc.
Investment Insights
Based on property information with market context.
Completed in 2019, this 4,532-square-foot Class A flex unit combines customer-facing, administrative, and warehouse areas within one adaptable layout. The front portion includes a reception area, shared office, private office, and two restrooms, while the expansive multipurpose room can accommodate showroom, training, or client-facing functions.
At the rear, two grade-level roll-up doors measuring 14' x 12' provide access to the warehouse area. Ceiling clearance ranges from 14'6" to 17'4", supporting storage, inventory, and product display needs. The property also offers visibility from I-20 and is located at 185 Country Place Parkway in Pearl, Mississippi.
At the rear, two grade-level roll-up doors measuring 14' x 12' provide access to the warehouse area. Ceiling clearance ranges from 14'6" to 17'4", supporting storage, inventory, and product display needs. The property also offers visibility from I-20 and is located at 185 Country Place Parkway in Pearl, Mississippi.
Key Highlights
- 4,532‑square‑foot flex unit completed in 2019
- Front reception area, shared office, private office, and two restrooms
- Large open multipurpose room for showroom, training, or client‑facing use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,819
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,380
$516.4K
Cap Rate 7%
$368,843
$368.8K
Cap Rate 9%
$286,878
$286.9K
Market Conditions
NOI Build-Up for 4,532 SF
Gross rent
$45.1K $9.96/SF
− Vacancy
−$5.4K −$1.20/SF
EGI
$39.7K $8.76/SF
− OpEx
−$13.9K −$3.07/SF
NOI
$25.8K $5.70/SF
Area
Rankin County, MS
Vacancy
12.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,380
Cap Rate 7%
$368,843
Cap Rate 9%
$286,878
Alternative Uses
Best Use
Office B
$699.2K
$611.8K – $815.8K
NOI $48,946 @ 7.0% cap · market cap 925.78%
Second Best
Warehouse
$486.2K
$425.5K – $567.3K
NOI $34,036 @ 7.0% cap · market cap 643.77%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $87,014 @ 7.0% cap · market cap 1,645.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
17 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39208, MS
34,228
Population
13,931
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
47.8 sq mi
ZIP Area
716
Density / Sq Mi
$58,878
Median Household Income
$40,785
Median Earnings
$1,157
Median Rent
$173,900
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?
Flex space - Built in 2019 with showroom, office, training, and warehouse capabilities.
Where is this flex space located?
The property is located at 185 Country Place Parkway Pearl, MS.
What are key features of this property?
This property features: 4,532‑square‑foot flex unit completed in 2019; Front reception area, shared office, private office, and two restrooms; Large open multipurpose room for showroom, training, or client‑facing use
