Mixed-Use Building with
For Sale
$55,000
270 Maddox Rd, Jackson, MS 39212
Commercial property combines an exterior auto detailing operation with leased interior barber and salon space.
Property Size601 SF
Price / SF$91.51
Days on Market48
Property Features for 270 Maddox Rd
General Information
Standard status
Active
Size
601 SF
Property Condition
Severity
Repairs Needed
Evidence
Property will require repairs and updates
Amenities
interior restroom
Building Details
Year Built
1983
Buildings
1
Listing Agency:
Keller Williams
Listed By:
Michael Manuel · License #S49391
(601) 201-0038
Source:
Fiorellaavenue
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 7 at 4:40PM
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 Keller Williams
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use commercial building at 270 Maddox Rd includes an exterior area currently used for an auto detailing business and interior space leased to a barber and salon operation. An interior restroom is included, supporting the building’s existing commercial configuration and potential for other small-business uses.
Constructed in 1983, the property is offered as-is and requires repairs and updates. Its position near major corridors provides access to steady traffic and visibility. The Jackson, MS location is identified as 270 Maddox Rd, ZIP Code 39212.
Constructed in 1983, the property is offered as-is and requires repairs and updates. Its position near major corridors provides access to steady traffic and visibility. The Jackson, MS location is identified as 270 Maddox Rd, ZIP Code 39212.
Key Highlights
- Mixed‑use building with exterior auto detailing use and interior barber/salon occupancy
- Interior space is leased to a barber and salon operation
- Interior restroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,946
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,920
$38.9K
Cap Rate 7%
$27,800
$27.8K
Cap Rate 9%
$21,622
$21.6K
Market Conditions
NOI Build-Up for 601 SF
Gross rent
$3.0K $4.92/SF
− Vacancy
−$177 −$0.30/SF
EGI
$2.8K $4.62/SF
− OpEx
−$834 −$1.39/SF
NOI
$1.9K $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%
$38,920
Cap Rate 7%
$27,800
Cap Rate 9%
$21,622
Alternative Uses
Best Use
Retail
$85.1K
$74.5K – $99.3K
NOI $5,957 @ 7.0% cap · market cap 10.83%
Second Best
Mixed Use
$75.3K
$65.9K – $87.9K
NOI $5,274 @ 7.0% cap · market cap 9.59%
Theoretical Best
Office A
$103.0K
$90.1K – $120.2K
NOI $7,209 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 39212, MS
29,087
Population
12,738
Households
2.3
Avg Household Size
36
Median Age
22%
College-Educated
89%
High-School Grad
29.6 sq mi
ZIP Area
983
Density / Sq Mi
$53,300
Median Household Income
$31,604
Median Earnings
$1,128
Median Rent
$105,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property combines an exterior auto detailing operation with leased interior barber and salon space.
Where is this mixed-use property located?
The property is located at 270 Maddox Rd Jackson, MS.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Mixed‑use building with exterior auto detailing use and interior barber/salon occupancy; Interior space is leased to a barber and salon operation; Interior restroom included
