Two-Suite Day Care
For Sale
$1,500,000
4435 Mangum Dr, Flowood, MS 39232
The 2005 building is fully leased to a day care facility.
Property Size7,500 SF
Price / SF$200
Days on Market72
Property Features for 4435 Mangum Dr
General Information
Standard status
Active
Size
7,500 SF
Occupancy
100%
Additional Details
Office Units
2
Building Details
Year Built
2005
Buildings
1
Building Size
7,500 SF
Tenancy
Single
Listing Agency:
Haley Properties LLC
Listed By:
Robin Torrence
(601) 720-3436
Source:
Fiorellaavenue
Added: Aug 5
Changed: Oct 13
Last Checked: Oct 7 at 2:10PM
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 Haley Properties LLC
Investment Insights
Based on property information with market context.
Located at 4435 Mangum Dr in Flowood, Mississippi, this 7,500-square-foot commercial building was completed in 2005. The layout was originally created as two distinct suites, providing a divisible configuration within the existing structure.
The entire building is currently leased to a day care facility. The property also includes 13,500 square feet of land, offering a substantial site component alongside the building. Its present use and two-suite design provide the primary physical and operational characteristics of the asset.
The entire building is currently leased to a day care facility. The property also includes 13,500 square feet of land, offering a substantial site component alongside the building. Its present use and two-suite design provide the primary physical and operational characteristics of the asset.
Key Highlights
- 7,500‑square‑foot building
- 13,500 square feet of land included
- Originally configured as two separate suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,578
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,560
$1.7M
Cap Rate 7%
$1,208,257
$1.2M
Cap Rate 9%
$939,756
$939.8K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$157.5K $21.00/SF
− Vacancy
−$16.5K −$2.21/SF
EGI
$141.0K $18.80/SF
− OpEx
−$56.4K −$7.52/SF
NOI
$84.6K $11.28/SF
Area
Rankin County, MS
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,560
Cap Rate 7%
$1,208,257
Cap Rate 9%
$939,756
Alternative Uses
Best Use
Healthcare Medical
$1.21M
$1.06M – $1.41M
NOI $84,578 @ 7.0% cap · market cap 5.64%
Second Best
Office B
$1.16M
$1.01M – $1.35M
NOI $81,000 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,000 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,087
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39232, MS
9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Claudia W. Anthony, RNFA — 2470 flowood dr, flowood, ms 39232
- Little Adventure — 2785 Flowood Dr, Flowood, MS 39232
- Pediatric Health Choice — 909 Flynt Dr, Flowood, MS 39232
Frequently Asked Questions
What type of property is this?
Day care center - The 2005 building is fully leased to a day care facility.
Where is this day care center located?
The property is located at 4435 Mangum Dr Flowood, MS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,500‑square‑foot building; 13,500 square feet of land included; Originally configured as two separate suites
