Family Dollar Retail
For Sale
Contact for pricing
2019a Raymond Rd, Jackson, MS 39204
Retail space with C-2: Limited Commercial zoning in Jackson, Mississippi.
Property Size9,241 SF
Price / SF$107
Days on Market221
Property Features for 2019a Raymond Rd
General Information
Standard status
Active
Size
9,241 SF
Property subtype
Retail
Zoning
C-2: Limited Commercial
Lease Type
NN
Net Operating Income
$79,833
Additional Details
Cap Rate
7.4%
Building Details
Year Built
2003
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Birmingham
Listed By:
Martin Smith · License #MS 21705
(205) 259-2195
Source:
Crexi
Added: Mar 9
Changed: Oct 15
Last Checked: Oct 14 at 11:47PM
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 SRS Real Estate Partners Birmingham
Investment Insights
Based on property information with market context.
This retail property encompasses 9,241 square feet and was built in 2003. The asset is identified as Family Dollar and carries C-2: Limited Commercial zoning, providing a clear retail-oriented commercial classification.
Located at 2019a Raymond Rd in Jackson, Mississippi, the property is offered for sale with a reported 7.40% CAP rate. The address, building area, construction year, zoning, and stated property identification provide the core physical and transactional profile for review.
Located at 2019a Raymond Rd in Jackson, Mississippi, the property is offered for sale with a reported 7.40% CAP rate. The address, building area, construction year, zoning, and stated property identification provide the core physical and transactional profile for review.
Key Highlights
- 9,241‑square‑foot retail property
- 7.40% CAP rate
- C‑2: Limited Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,597
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,831,940
$1.8M
Cap Rate 7%
$1,308,529
$1.3M
Cap Rate 9%
$1,017,744
$1.0M
Market Conditions
NOI Build-Up for 9,241 SF
Gross rent
$138.6K $15.00/SF
− Vacancy
−$7.8K −$0.84/SF
EGI
$130.9K $14.16/SF
− OpEx
−$39.3K −$4.25/SF
NOI
$91.6K $9.91/SF
Area
Jackson, MS
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,831,940
Cap Rate 7%
$1,308,529
Cap Rate 9%
$1,017,744
Alternative Uses
Best Use
Retail
$1.31M
$1.14M – $1.53M
NOI $91,597 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,848 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 39204, MS
15,433
Population
7,613
Households
2
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
9.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$31,667
Median Household Income
$23,862
Median Earnings
$890
Median Rent
$68,200
Median Home Value
Market
Vacancy Rate% for Retail 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?
Retail space - Retail space with C-2: Limited Commercial zoning in Jackson, Mississippi.
Where is this retail space located?
The property is located at 2019a Raymond Rd Jackson, MS.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 9,241‑square‑foot retail property; 7.40% CAP rate; C‑2: Limited Commercial zoning
