Two-Story Office
4450 Old Canton Road, Jackson, MS 39211
For Sale
Contact for pricing
Two-story office space with build-to-suit flexibility and access from Old Canton Road.
Property Size75,000 SF
Price / SF$0.00
Days on Market60
Property Features for 4450 Old Canton Road
General Information
Standard status
Size
Site & Location
Highway Access
Road Access
Building Details
Buildings
Stories
Listing Agency:
The Mattiace Company
(601) 352-1818
Listed By:
Philip Holman · License #B12491
(601) 291-0942
Source:
Myfrontgaterealty
Added: Sep 11
Changed: Nov 3
Last Checked: Nov 8 at 6:03AM
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 Mattiace Company
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Investment Insights
Based on property information with market context.
This two-story office building provides approximately 37,500 SF on each floor, creating substantial space for office occupancy across both levels. The property is identified as a Class A office building and offers the ability to configure the space around a tenant’s requirements.
The building fronts Old Canton Road in Northeast Jackson, with access from I-55 North via Meadowbrook Road or Northside Drive. Its location provides connectivity to Downtown Jackson, Madison County, Lakeland Drive, and Rankin County. Restaurants, shopping, and Northeast Jackson neighborhoods are also described as convenient to the property.
The building fronts Old Canton Road in Northeast Jackson, with access from I-55 North via Meadowbrook Road or Northside Drive. Its location provides connectivity to Downtown Jackson, Madison County, Lakeland Drive, and Rankin County. Restaurants, shopping, and Northeast Jackson neighborhoods are also described as convenient to the property.
Key Highlights
- Approximately 37,500 SF on each of two floors
- Two‑story Class A office building
- Build‑to‑suit space configuration available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$700,920
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,018,400
$14.0M
Cap Rate 7%
$10,013,143
$10.0M
Cap Rate 9%
$7,788,000
$7.8M
Market Conditions
NOI Build-Up for 75,000 SF
Gross rent
$1.06M $14.16/SF
− Vacancy
−$127.4K −$1.70/SF
EGI
$934.6K $12.46/SF
− OpEx
−$233.6K −$3.12/SF
NOI
$700.9K $9.35/SF
Area
Jackson, MS
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,018,400
Cap Rate 7%
$10,013,143
Cap Rate 9%
$7,788,000
Alternative Uses
Best Use
Office B
$10.01M
$8.76M – $11.68M
NOI $700,920 @ 7.0% cap · market cap 2,695,846.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.85M
$11.25M – $14.99M
NOI $899,640 @ 7.0% cap · market cap 3,460,153.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
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Business Placement
Demographics for 39211, MS
24,900
Population
11,334
Households
2.2
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
2,024
Density / Sq Mi
$68,415
Median Household Income
$40,523
Median Earnings
$1,273
Median Rent
$198,300
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Jackson, MS
Properties on Market for Office buildings in Jackson
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office space with build-to-suit flexibility and access from Old Canton Road.
Where is this office building located?
The property is located at 4450 Old Canton Road Jackson, MS.
What are key features of this property?
This property features: Approximately 37,500 SF on each of two floors; Two‑story Class A office building; Build‑to‑suit space configuration available
