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    Flex Space with New Metal Roof Title is generated by Realmo AI

    4332 N Gloster St., Tupelo, MS 38804

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    Claim this Listing
    New
    For Sale
    $949,500

    Commerical Property - Tupelo, MS

    Property size:
    6,500 SF
    Lot size:
    0.61 Acres
    Price / SF:
    $146/SF
    Added:
    Jun 17, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 21 at 1:06 am

    Property Features for 4332 N Gloster St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    Size
    6,500 SF
    Lot size
    0.61 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6337

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

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    Listing Contact
    Blake Trehern

    Listing agent Blake Trehern License #S-51609

    Listing office ELITE REALTY 218 N Gloster, Tupelo, MS 38804, Tupelo, MS

    Listing date Jun 17, 2026

    MLS# 25-2367 Listing URL

    Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6,500+ SF commercial building with a metal roof
    • 0.61 acres of land about 0.25 miles north of the Barnes Crossing/Gloster St intersection
    • MDOT permit and approval in place for 5 parking spaces at the front right of the building, plus 25+ in the rear
    • Interior is a blank slate, with concrete flooring
    • New commercial metal roof
    • 4 subdivided options available (MLS # 25‑2370, 25‑2368, 25‑2369), with up to 7 acres total

    Overview

    This for-sale flex space offers approximately 6,500 square feet of interior “blank slate” area designed for a wide range of commercial users. The property sits on 0.61 acres and includes a newly installed commercial metal roof. Site planning is supported by an MDOT permit and approval for parking, with five spaces approved on the front right of the building and 25+ spaces in the rear.

    The property is located at 4332 N Gloster St., Tupelo, MS 38804, approximately 0.25 miles north of the Barnes Crossing / Gloster St. intersection. The offering includes multiple subdivided options referenced in related MLS listings, with possibilities up to 7 acres total. All information is subject to verification, and a survey is to be completed prior to closing.

    For tenants, buyers, or operators seeking a flexible commercial layout, this space supports customization to fit specific operating needs, with the exterior parking plan already documented for front and rear use. The combination of adaptable interior space, permitted parking, and on-site land area can simplify buildout and early site logistics compared with properties without an approved parking configuration.

    Local Financial Insights For Flex RnD

    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 $85.8k $13.20
    − Vacancy −$7.0k −$1.08
    EGI $78.8k $12.12
    − OpEx −$27.6k −$4.24
    NOI $51.2k $7.88
    6,500 SF · lease $13.20/SF/yr · vacancy 8.20% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $731.4K
    $640.0K – $853.3K (±1% cap)
    NOI $51,197 @ 7.0% cap · market cap 5.39%
    Second Best
    Industrial
    $574.3K
    $502.5K – $670.0K (±1% cap)
    NOI $40,201 @ 7.0% cap · market cap 4.23%
    Theoretical Best
    Office A
    $1.22M
    $1.07M – $1.42M (±1% cap)
    NOI $85,451 @ 7.0% cap · market cap 9.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Dental Office Daycare Center Kitchen & Bath Showroom Hair Salon Gym & Fitness Center HVAC Service Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • CharCutie 603 Clayton Ave, Tupelo, MS 38804

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.705891
    Latitude
    34.321334

    FAQs

    What type of property is this?
    Flex space - A blank-slate flex building on 0.61 acres with a new commercial metal roof and permitted parking layout.
    Where is this flex space located?
    The property is located at 4332 N Gloster St. Tupelo, MS.
    What is the asking price?
    The asking price for this property is $949,500.
    What are key features of this property?
    This property features: 6,500+ SF commercial building with a metal roof; 0.61 acres of land about 0.25 miles north of the Barnes Crossing/Gloster St intersection; MDOT permit and approval in place for 5 parking spaces at the front right of the building, plus 25+ in the rear
    More about this property
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