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    Single-Story Office Building Title is generated by Realmo AI

    4515 Office Park Drive, Jackson, MS 39206

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    For Sale
    $315,000

    COMMERCIAL - Jackson, MS

    Type:Office
    Property size:
    2,588 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $121/SF
    Added:
    Aug 11, 2025
    Days on Market:
    307
    Last Refresh:
    Jun 13 at 1:06 am

    Property Features for 4515 Office Park Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    535-524
    Size
    2,588 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    80 FT N & S BY 125 FT E & W BEG 95 FT N OF SW COR & BEING PT LOT 4 TRAWICK EST SUB
    Tax Annual Amount
    3742

    Building Details

    Year built
    1956
    Floors in Building
    1

    We can help!

    Listing Contact
    Will Miller

    Listing agent Will Miller License #S40834

    Listing office Real Broker, LLC. 803 Live Oak Ave, Pascagoula, MS

    Listing date Aug 11, 2025

    MLS# 4122087

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Subdivision Potential: Configurable into three individual office suites.
    • Ample Parking: Fourteen parking spaces.
    • Well‑Maintained: Only two previous owners.
    • Desirable Location: Interstate 55 North Corridor.
    • Functional Layout: Approx. 2,588 sq ft of office space.
    • Architectural History: Designed and built by Architect John W. Staats.

    Overview

    This single-story office building was designed, built, and occupied in 1958. The property includes a welcoming entrance foyer and two restrooms. It has approximately 2,588 square feet of office space and fourteen parking spaces. The building has previously been used by an architect and, more recently, by a chiropractor, and it is being sold as-is with no warranties.

    The property is located on the Interstate 55 North corridor in the Jackson, MS area, in Hinds County. The address is 4515 Office Park Drive (39206). The site sits on a lot of approximately 0.23 acres.

    For buyers or operators looking for flexible workspace, the layout can be configured into three individual office suites, as illustrated in the attached documents. That makes the building suitable for owner-occupants who want to occupy part of the space while leasing the remainder, or for investors seeking to create multiple office offerings from one existing structure. Please review the photos for the current condition and finish level.

    Local Financial Insights For Office B

    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 $36.6k $14.16
    − Vacancy −$4.4k −$1.70
    EGI $32.2k $12.46
    − OpEx −$8.1k −$3.12
    NOI $24.2k $9.35
    2,588 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $345.5K
    $302.3K – $403.1K (±1% cap)
    NOI $24,186 @ 7.0% cap · market cap 7.68%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $443.5K
    $388.1K – $517.4K (±1% cap)
    NOI $31,044 @ 7.0% cap · market cap 9.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Endre Matthews Alternative Medicine Practice Matthews Chiropractic Clinic Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.153955
    Latitude
    32.353783

    FAQs

    What type of property is this?
    Office building - Single-story office building with two restrooms, foyer, and parking, offered as-is with suite configuration potential.
    Where is this office building located?
    The property is located at 4515 Office Park Drive Jackson, MS.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: Subdivision Potential: Configurable into three individual office suites.; Ample Parking: Fourteen parking spaces.; Well‑Maintained: Only two previous owners.
    More about this property
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