Flexible Commercial
New
For Sale
$825,000
426 W Capitol St, Jackson, MS 39201
Commercial property with stated potential for retail, service, or owner-user operations.
Property Size10,000 SF
Price / SF$82.50
Days on Market5
Property Features for 426 W Capitol St
General Information
Standard status
Active
Size
10,000 SF
Taxes and HOA fees
Annual Taxes
$3,537
Listing Agency:
W Real Estate LLC
(601) 966-2798
Listed By:
Amanda Frizell · License #S59857
(601) 966-2798
Source:
Exprealty
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 2:33AM
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 W Real Estate LLC
Investment Insights
Based on property information with market context.
This flex space property is a commercial building measuring 10,000 in stated property size. The available information identifies potential applications including retail, service, and owner-user use, with the property also positioned for investment use.
The building is located at 426 W Capitol St in Jackson, MS.
The building is located at 426 W Capitol St in Jackson, MS.
Key Highlights
- 10,000 stated property size
- 426 W Capitol St, Jackson, MS
- Potential retail or service use
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.2k | $4.92 |
| − Vacancy | −$3.0k | −$0.30 |
| EGI | $46.2k | $4.62 |
| − OpEx | −$13.9k | −$1.39 |
| NOI | $32.4k | $3.24 |
10,000 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.65M
NOI $99,120 @ 7.0% cap · market cap 12.01%
Second Best
Industrial
$462.5K
$404.7K – $539.6K
NOI $32,374 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,952 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39201, MS
574
Population
749
Households
0.8
Avg Household Size
40
Median Age
75%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
273
Density / Sq Mi
$77,946
Median Household Income
$77,838
Median Earnings
$1,341
Median Rent
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
- Your Personal Chef — 305 N Congress St, Jackson, MS 39201
Frequently Asked Questions
What type of property is this?
Flex space - Commercial property with stated potential for retail, service, or owner-user operations.
Where is this flex space located?
The property is located at 426 W Capitol St Jackson, MS.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 10,000 stated property size; 426 W Capitol St, Jackson, MS; Potential retail or service use
