Renovated Industrial Warehouse
For Sale
Contact for pricing
407 Guidici Street, Jackson, MS 39204
Two industrial buildings offer flexible suites, multiple drive-in doors, and yard space for varied operations.
Property Size3,060 SF
Lot Size3.26 Acres
Price / SF$325.16
Days on Market212
Property Features for 407 Guidici Street
General Information
Standard status
Active
Size
3,060 SF
Lot size
3.26 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
44,619 SF
Building Details
Buildings
2
Listing Agency:
NAI UCR Properties
(601) 981-6800
Listed By:
Micah McCullough · License #B-18980
(601) 981-6800
Source:
Moodyscre
Added: Jan 7
Changed: Jul 31
Last Checked: Aug 6 at 12:38PM
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.
The property comprises two industrial warehouse buildings on approximately 3.26 acres, with flexible suite sizes and multiple drive-in doors across available bays. The layout supports distribution, warehousing, auto body or repair, and storage uses. Recent improvements include new perimeter fencing, a powered gate, fresh paint, new flooring, and restroom upgrades in select suites.
The site includes ample yard space, with up to .75 acres of additional grassy laydown yard available. Its location near U.S. Hwy 80 provides access to I-20 and I-220. The combination of warehouse buildings, outdoor yard areas, and adaptable suite configurations accommodates a range of operational requirements for an owner-occupant or investor.
The site includes ample yard space, with up to .75 acres of additional grassy laydown yard available. Its location near U.S. Hwy 80 provides access to I-20 and I-220. The combination of warehouse buildings, outdoor yard areas, and adaptable suite configurations accommodates a range of operational requirements for an owner-occupant or investor.
Key Highlights
- Two industrial warehouse buildings on approximately 3.26 acres
- Up to .75 acres of additional grassy laydown yard available
- New perimeter fencing with powered gate
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,331
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$606,620
$606.6K
Cap Rate 7%
$433,300
$433.3K
Cap Rate 9%
$337,011
$337.0K
Market Conditions
NOI Build-Up for 3,060 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.9K $15.00/SF
− Vacancy
−$2.6K −$0.84/SF
EGI
$43.3K $14.16/SF
− OpEx
−$13.0K −$4.25/SF
NOI
$30.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$606,620
Cap Rate 7%
$433,300
Cap Rate 9%
$337,011
Alternative Uses
Best Use
Retail
$433.3K
$379.1K – $505.5K
NOI $30,331 @ 7.0% cap · market cap 3.05%
Second Best
Warehouse
$237.1K
$207.5K – $276.7K
NOI $16,600 @ 7.0% cap · market cap 1.67%
Theoretical Best
Office A
$524.4K
$458.8K – $611.8K
NOI $36,705 @ 7.0% cap · market cap 3.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Two industrial buildings offer flexible suites, multiple drive-in doors, and yard space for varied operations.
Where is this warehouse located?
The property is located at 407 Guidici Street Jackson, MS.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two industrial warehouse buildings on approximately 3.26 acres; Up to .75 acres of additional grassy laydown yard available; New perimeter fencing with powered gate
