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    Retail Space in Jackson, MS Title is generated by Realmo AI

    2106 Raymond Road lot A, Jackson, MS 39212

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    Claim this Listing
    For Lease
    $3,150/Mo $18 SF/Yr (calc)

    COMMERCIAL - Jackson, MS

    Type:Retail
    Property size:
    2,100 SF
    Lot size:
    2.23 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    65
    Last Refresh:
    May 30 at 9:06 am

    Property Features for 2106 Raymond Road lot A

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    0836-0022-002
    Size
    2,100 SF
    Lot size
    2.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BEG ON NW/S RAYMOND RD 473.44 FT SWLY OF E MOST COR LOT 1 WESTMORELAND HGTS PT 1 NWLY 150 FT NELY 132.66 FT NWLY 211.53 FT NELY 26.34 FT NWLY 270 FT SWLY 200 FT SELY 631.53 FT NELY 40 FT TO POB BEING PT LOTS 3 & 4 WESTMORELAND HGTS PT 1 & PT LOT 10 S AUNDERS FARMS
    Tax Annual Amount
    15220

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    David Truong
    David Truong

    Listing agent David Truong License #17938

    Listing office eXp Realty 321 Hwy 51 Suite F Mark Metcalf, Ridgeland, MS

    Listing date Mar 27, 2026

    MLS# 4143935

    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.

    HighLights

    • Grocery‑anchored neighborhood shopping center with Vowell's Marketplace, driving consistent customer traffic.
    • High visibility and signage opportunities on Raymond Road, benefiting from strong local traffic.
    • Flexible space suitable for retail, restaurant, or service businesses.
    • Ample shared parking available for customers.
    • Diverse and established tenant mix, including Pizza Hut and Happy Nails.
    • Prime end‑cap suite (2,100 SF) available with excellent visibility.

    Overview

    Retail space is available in a neighborhood shopping center on Raymond Road in Jackson, Mississippi. The center serves the surrounding residential community and benefits from traffic along Raymond Road. Anchored by Vowell's Marketplace, the property features a tenant mix. Suite A, a 2,100-square-foot prime end cap, offers visibility and signage opportunities and is suited for restaurant, retail, or service use. Suite E, a 1,200-square-foot inline space, is located next to Happy Nails and is suitable for an insurance office, barbershop, hair braiding salon, or retail or service business. Existing tenants include Pizza Hut, Happy Nails, China Kitchen II, a beauty supply store, a tobacco shop, a coin laundry, a Jackson Police Department office, and ATM services. The property is a grocery-anchored neighborhood shopping center with local traffic along Raymond Road and shared parking. It features an established retail tenant mix and offers visibility and signage. The space is flexible for retail, restaurant, or service businesses. The lease rate is $16-$18 per square foot NNN. The building size is between 1,200 SqFt and 2,100 SqFt. The lot size is 2.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grace & Mercy Family ... Medical Clinic Express Coin & laundry ... (Bike/Boat/Book/etc) Store Smoking tobacco (Bike/Boat/Book/etc) Store Keyway Supersudz (Bike/Boat/Book/etc) Store China Kitchen Restaurant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • McDowell Square — 2899 W McDowell Rd, Jackson, MS 39204
    • Coin Cloud Bitcoin ATM — 2101 Raymond Rd, Jackson, MS 39212

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.271443
    Latitude
    32.271818

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in established shopping center on Raymond Road.
    Where is this shopping center located?
    The property is located at 2106 Raymond Road lot A Jackson, MS.
    What is the lease rate?
    The lease rate is $3,150 /Mo.
    What are key features of this property?
    This property features: Grocery‑anchored neighborhood shopping center with Vowell's Marketplace, driving consistent customer traffic.; High visibility and signage opportunities on Raymond Road, benefiting from strong local traffic.; Flexible space suitable for retail, restaurant, or service businesses.
    (901) 503-3947
    We can help!
    Listing Contact
    David Truong
    David Truong
    Real Estate License ID: 17938
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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