Former Gas Station
For Sale
$150,000
456 Daniel Lake Boulevard, Jackson, MS 39212
Commercial Sale, Jackson, MS
Property Size900 SF
Lot Size0.69 Acres
Price / SF$166.67
Days on Market942
Property Features for 456 Daniel Lake Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Metes And Bounds
Directions
I 55S to Daniel Lake . Property is right off the exit
Standard status
Active
APN
0610-0024-000
Size
900 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
BEG INT W/L GREENWOOD AVE & N/L DANIELS LAKE BLVD N 200 FT W 150 FT S 200 FT E 150 FT TO POB PT NE 1/4 SEC 29 T5N R1E
Tax Annual Amount
2132
Legal Description
BEG INT W/L GREENWOOD AVE & N/L DANIELS LAKE BLVD N 200 FT W 150 FT S 200 FT E 150 FT TO POB PT NE 1/4 SEC 29 T5N R1E
Building Details
Year built
1981
Listing Agency:
Coldwell Banker Graham · Coldwell Banker Real Estate
(601) 607-4777
Listed By:
Dave M Gosselin · License #S30026
(601) 278-6459
Added: Apr 1, 2024
Changed: Oct 8
Last Checked: Oct 29 at 9:06AM
MLS# 4075185
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.
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Investment Insights
Based on property information with market context.
This former gas station property includes an existing 900-square-foot building on a 0.69-acre parcel. Built in 1981, the structure requires extensive work and is offered in its current condition.
The property is positioned just off Interstate 55 South at 456 Daniel Lake Boulevard in Jackson, Mississippi. A possible leasing opportunity is noted for the site, subject to the property’s existing condition and required improvements.
The property is positioned just off Interstate 55 South at 456 Daniel Lake Boulevard in Jackson, Mississippi. A possible leasing opportunity is noted for the site, subject to the property’s existing condition and required improvements.
Key Highlights
- 0.69‑acre parcel
- 900‑square‑foot existing building
- Former gas station use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,004
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,080
$200.1K
Cap Rate 7%
$142,914
$142.9K
Cap Rate 9%
$111,156
$111.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$14.0K $15.60/SF
− Vacancy
−$702 −$0.78/SF
EGI
$13.3K $14.82/SF
− OpEx
−$3.3K −$3.70/SF
NOI
$10.0K $11.11/SF
Area
Jackson, MS
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,080
Cap Rate 7%
$142,914
Cap Rate 9%
$111,156
Alternative Uses
Best Use
Specialty Retail
$142.9K
$125.1K – $166.7K
NOI $10,004 @ 7.0% cap · market cap 6.67%
Second Best
Retail
$127.4K
$111.5K – $148.7K
NOI $8,921 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$154.2K
$135.0K – $179.9K
NOI $10,796 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 39212, MS
29,087
Population
12,738
Households
2.3
Avg Household Size
36
Median Age
22%
College-Educated
89%
High-School Grad
29.6 sq mi
ZIP Area
983
Density / Sq Mi
$53,300
Median Household Income
$31,604
Median Earnings
$1,128
Median Rent
$105,500
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
Frequently Asked Questions
What type of property is this?
Gas station - Former fuel-service property with an existing structure that requires substantial renovation.
Where is this gas station located?
The property is located at 456 Daniel Lake 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: 0.69‑acre parcel; 900‑square‑foot existing building; Former gas station use
