4515 Office Park Drive, Jackson, MS 39206
COMMERCIAL - Jackson, MS
- 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
Listing agent Will Miller License #S40834 (601) 214-4906
Listing office Real Broker, LLC. 803 Live Oak Ave, Pascagoula, MS (228) 471-5211
Listing date Aug 11, 2025
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.153955
- Latitude
- 32.353783