Flex Building with Metal
For Sale
$949,500
4332 N Gloster St, Tupelo, MS 38804
COMMERCIAL - Tupelo, MS
Property Size6,500 SF
Lot Size0.61 Acres
Price / SF$146.08
Days on Market389
Property Features for 4332 N Gloster St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Hwy 145 N from Barnes Crossing intersection, property on the right through red light past Academy Sports.
Subdivision
Northeast Tupelo
Standard status
Active
Size
6,500 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Description
083U-07-076-00 - PIN 5339 to be surveyed out prior to closing
Tax Annual Amount
6337
Legal Description
083U-07-076-00 - PIN 5339 to be surveyed out prior to closing
Building Details
Floors in Building
1
Building materials
Metal
Listing Agency:
ELITE REALTY · RE/MAX International
(662) 767-4700
Listed By:
Blake Trehern · License #S-51609
(662) 767-4700
Added: Jul 7, 2025
Changed: Jul 28
Last Checked: Jul 30 at 6:06PM
MLS# 25-2367
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.
Investment Insights
Based on property information with market context.
This flex building offers approximately 6,500 square feet of interior space described as a blank slate for a new business buildout. The property also features a new commercial metal roof. The offering includes a 0.61-acre lot.
A MDOT permit and approval are in place for parking with 5 spaces on the front right of the building and 25+ spaces in the rear. The property is located at 4332 N Gloster St in Tupelo, approximately 0.25 miles north of the Barnes Crossing/Gloster St. intersection.
The seller notes additional subdivided options referenced as MLS # 25-2370, 25-2368, and 25-2369, including configurations up to 7 acres total. All information is subject to verification, and a survey is planned prior to closing.
A MDOT permit and approval are in place for parking with 5 spaces on the front right of the building and 25+ spaces in the rear. The property is located at 4332 N Gloster St in Tupelo, approximately 0.25 miles north of the Barnes Crossing/Gloster St. intersection.
The seller notes additional subdivided options referenced as MLS # 25-2370, 25-2368, and 25-2369, including configurations up to 7 acres total. All information is subject to verification, and a survey is planned prior to closing.
Key Highlights
- Blank‑slate commercial building with 6,500+ sq ft available for new business use
- 0.61 acres of land included, located 0.25 miles north of the Barnes Crossing/Gloster St. intersection
- MDOT permit and approval in place for 5 front‑right parking spaces and 25+ spaces in the rear
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
NOI $51,197 @ 7.0% cap · market cap 5.39%
Second Best
Industrial
$574.3K
$502.5K – $670.0K
NOI $40,201 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,451 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38804, MS
17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
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.
Frequently Asked Questions
What type of property is this?
Flex space - Flex building with a blank-slate interior and a new commercial metal roof, plus 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: Blank‑slate commercial building with 6,500+ sq ft available for new business use; 0.61 acres of land included, located 0.25 miles north of the Barnes Crossing/Gloster St. intersection; MDOT permit and approval in place for 5 front‑right parking spaces and 25+ spaces in the rear
