Improved Industrial Land with
For Sale
$300,000
2340 Maddox Road, Jackson, MS 39209
1.65 acre industrial land with 5,455 SF warehouse.
Property Size5,455 SF
Lot Size1.65 Acres
Price / SF$54
Days on Market214
Property Features for 2340 Maddox Road
General Information
Standard status
Active
Size
5,455 SF
Lot size
1.65 Acres
Property subtype
Industrial
Building Details
Year Built
1974
Listing Agency:
NAI UCR Properties
Listed By:
Alex Wilson, CCIM · License #MS #22859
(601) 405-7136
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Oct 5 at 5:34PM
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 NAI UCR Properties
Investment Insights
Based on property information with market context.
This industrial property features approximately 1.65 acres of improved laydown yard with both concrete and gravel surfacing. A clear span warehouse/storage building provides approximately 5,455 square feet of space and includes a 14-foot roll-up door and one dock-high door. The site is fully fenced and level, with a secure access gate for controlled entry. The property is located in an industrial corridor of Jackson, MS, near the Clinton/Jackson border, with access to Interstates 20 and 220. The location features three separate ingress and egress points to facilitate truck circulation and reduce congestion. This property is well-suited for high-volume users, enhancing operational efficiency and ensuring seamless flow for freight and deliveries.
Key Highlights
- ±1.65 acres of improved laydown yard with concrete and gravel surfacing.
- +/- 5,455 SF clear span warehouse/storage building.
- Strategic location in a prime industrial corridor with great access to Interstates 20 and 220.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,660
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,200
$353.2K
Cap Rate 7%
$252,286
$252.3K
Cap Rate 9%
$196,222
$196.2K
Market Conditions
NOI Build-Up for 5,455 SF
Gross rent
$26.8K $4.92/SF
− Vacancy
−$1.6K −$0.30/SF
EGI
$25.2K $4.62/SF
− OpEx
−$7.6K −$1.39/SF
NOI
$17.7K $3.24/SF
Area
Jackson, MS
Vacancy
6.00%
Lease Rate
$4.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,200
Cap Rate 7%
$252,286
Cap Rate 9%
$196,222
Alternative Uses
Best Use
Warehouse
$422.8K
$369.9K – $493.2K
NOI $29,593 @ 7.0% cap · market cap 9.86%
Second Best
Industrial
$252.3K
$220.8K – $294.3K
NOI $17,660 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$934.8K
$817.9K – $1.09M
NOI $65,434 @ 7.0% cap · market cap 21.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39209, MS
25,227
Population
12,438
Households
2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
405
Density / Sq Mi
$35,103
Median Household Income
$27,351
Median Earnings
$969
Median Rent
$74,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Storage Center — 5651 MS-18, Jackson, MS 39209
- American Premier Storage — 2141 Woodland Way, Jackson, MS 39209
- Fort Knox Storage Units — 2141 Woodland Way, Jackson, MS 39209
Frequently Asked Questions
What type of property is this?
Warehouse - 1.65 acre industrial land with 5,455 SF warehouse.
Where is this warehouse located?
The property is located at 2340 Maddox Road Jackson, MS.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: ±1.65 acres of improved laydown yard with concrete and gravel surfacing.; +/- 5,455 SF clear span warehouse/storage building.; Strategic location in a prime industrial corridor with great access to Interstates 20 and 220.
