Industrial Warehouse for
For Sale
$118,900
Pending
305 Lorenz Boulevard, Jackson, MS 39213
For-sale warehouse property in Hinds County, positioned for industrial and storage-focused users.
Property Size2,877 SF
Days on Market151
Property Features for 305 Lorenz Boulevard
General Information
Standard status
Pending
Size
2,877 SF
Taxes and HOA fees
Annual Taxes
$2,799
Building Details
Building Size
2,877 SF
Year Built
1969
Stories
1
Listing Agency:
McGee Realty Services
Listed By:
Chuck L McGee · License #B20964
(601) 832-4715
Source:
Evrealestate
Added: Jun 5
Changed: Oct 25
Last Checked: Nov 1 at 5:52AM
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 McGee Realty Services
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 for-sale industrial warehouse property is offered as a commercial real estate asset under the warehouses/industrial property category. The listing includes the building at 305 Lorenz Boulevard in Jackson, MS, within Hinds County.
The address provides a clear, fixed location for buyer due diligence and on-site inspection. Since the listing information provided does not describe building specifications, site layout, or condition in detail, prospective buyers should plan to review the property directly to confirm interior configuration, overhead access, and any site features relevant to their operations.
Because this is marketed broadly as a warehouse/industrial property, it may be suitable for tenants and buyers looking for space to support storage and distribution needs, or other industrial uses consistent with the building they verify on inspection. Interested parties can use the on-site walkthrough to assess workflow fit, loading and access considerations, and any practical constraints that could affect fit-out plans. If you are underwriting an acquisition, having a professional inspection and a clear understanding of the building’s systems will be important given the limited details in the published remarks.
The address provides a clear, fixed location for buyer due diligence and on-site inspection. Since the listing information provided does not describe building specifications, site layout, or condition in detail, prospective buyers should plan to review the property directly to confirm interior configuration, overhead access, and any site features relevant to their operations.
Because this is marketed broadly as a warehouse/industrial property, it may be suitable for tenants and buyers looking for space to support storage and distribution needs, or other industrial uses consistent with the building they verify on inspection. Interested parties can use the on-site walkthrough to assess workflow fit, loading and access considerations, and any practical constraints that could affect fit-out plans. If you are underwriting an acquisition, having a professional inspection and a clear understanding of the building’s systems will be important given the limited details in the published remarks.
Key Highlights
- Warehouse property in Hinds County (Hinds CountyOrParish: Hinds)
- Built in 1969
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,314
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,280
$186.3K
Cap Rate 7%
$133,057
$133.1K
Cap Rate 9%
$103,489
$103.5K
Market Conditions
NOI Build-Up for 2,877 SF
Gross rent
$14.2K $4.92/SF
− Vacancy
−$849 −$0.30/SF
EGI
$13.3K $4.62/SF
− OpEx
−$4.0K −$1.39/SF
NOI
$9.3K $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%
$186,280
Cap Rate 7%
$133,057
Cap Rate 9%
$103,489
Alternative Uses
Best Use
Warehouse
$223.0K
$195.1K – $260.1K
NOI $15,607 @ 7.0% cap · market cap 13.13%
Second Best
Industrial
$133.1K
$116.4K – $155.2K
NOI $9,314 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$493.0K
$431.4K – $575.2K
NOI $34,510 @ 7.0% cap · market cap 29.02%
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
814
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39213, MS
19,507
Population
10,172
Households
1.9
Avg Household Size
43
Median Age
15%
College-Educated
78%
High-School Grad
28.3 sq mi
ZIP Area
689
Density / Sq Mi
$28,115
Median Household Income
$23,919
Median Earnings
$773
Median Rent
$73,600
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
Frequently Asked Questions
What type of property is this?
Warehouse - For-sale warehouse property in Hinds County, positioned for industrial and storage-focused users.
Where is this warehouse located?
The property is located at 305 Lorenz Boulevard Jackson, MS.
What is the asking price?
The asking price for this property is $118,900.
What are key features of this property?
This property features: Warehouse property in Hinds County (Hinds CountyOrParish: Hinds); Built in 1969
