Auto Shop with Reception
For Sale
$150,000
4390 Medgar Evers Boulevard, Jackson, MS 39213
The interior includes a private office, customer reception space, and a restroom.
Property Size2,400 SF
Price / SF$62.50
Days on Market8
Property Features for 4390 Medgar Evers Boulevard
General Information
Standard status
Active
Size
2,400 SF
Additional Details
Road Access
Yes
Amenities
private office
waiting/reception area
bathroom
Building Details
Year Built
1974
Buildings
1
Listing Agency:
The Agency Haus LLC DBA Agency
Listed By:
Tammoria Galtney · License #S54465
(601) 665-4869
Source:
Fiorellaavenue
Added: Sep 30
Last Checked: Oct 5 at 10:34PM
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 The Agency Haus LLC DBA Agency
Investment Insights
Based on property information with market context.
The 2,400-square-foot auto shop at 4390 Medgar Evers Boulevard in Jackson includes a private office, a waiting and reception area, and one bathroom. The building dates to 1974. Existing equipment may be included with an acceptable offer.
Key Highlights
- 2,400‑square‑foot auto shop
- Private office plus waiting and reception area
- One bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,770
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,400
$155.4K
Cap Rate 7%
$111,000
$111.0K
Cap Rate 9%
$86,333
$86.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$11.8K $4.92/SF
− Vacancy
−$708 −$0.30/SF
EGI
$11.1K $4.62/SF
− OpEx
−$3.3K −$1.39/SF
NOI
$7.8K $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%
$155,400
Cap Rate 7%
$111,000
Cap Rate 9%
$86,333
Alternative Uses
Best Use
Retail
$339.8K
$297.4K – $396.5K
NOI $23,789 @ 7.0% cap · market cap 15.86%
Second Best
Industrial
$111.0K
$97.1K – $129.5K
NOI $7,770 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$411.3K
$359.9K – $479.8K
NOI $28,788 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Well-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 Retail in South region
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Similar Off Market Nearby
- Fred Jones Enterprises — 545 Ford Ave, Jackson, MS 39209
- Car Care Solutions & Sales — 145 Bindura Ct, Jackson, MS 39213
- Allen & Allen Auto Repair — 3522 Medgar Evers Blvd, Jackson, MS 39213
- George's Auto Repair — 3604 Medgar Evers Blvd, Jackson, MS 39213
- Pro Tire & Wheels — 4390 Medgar Evers Blvd, Jackson, MS 39213
Frequently Asked Questions
What type of property is this?
Auto shop - The interior includes a private office, customer reception space, and a restroom.
Where is this auto shop located?
The property is located at 4390 Medgar Evers Boulevard Jackson, MS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,400‑square‑foot auto shop; Private office plus waiting and reception area; One bathroom
