Renovated Flex Space with
For Sale
$749,900
4680 I 55 N, Jackson, MS 39211
Updated commercial layout includes offices, a conference room, warehouse area, and roll-up door access.
Property Size4,186 SF
Price / SF$179.14
Days on Market181
Property Features for 4680 I 55 N
General Information
Standard status
Active
Size
4,186 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$12,233
Amenities
conference room
break room
Building Details
Year Renovated
2024
Building Size
4,186 SF
Listing Agency:
Trihelm Properties
(601) 850-1177
Listed By:
Iana Gilder · License #S51796
(601) 850-1177
Source:
Exprealty
Added: Mar 3
Changed: Aug 30
Last Checked: Aug 30 at 11:30PM
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 Trihelm Properties
Investment Insights
Based on property information with market context.
This 4,186 SF flex property was renovated in 2024 and offers a combination of customer-facing and operational areas. The front portion is arranged as a showroom, while the interior includes multiple private offices, a conference room, a break room, and two restrooms. A warehouse component occupies the rear and is served by a roll-up door for storage, inventory handling, or deliveries.
The property is positioned on North Frontage Road with access to I-55. Its mix of showroom, office, and warehouse space supports a range of commercial operations requiring both finished work areas and back-of-house functionality.
The property is positioned on North Frontage Road with access to I-55. Its mix of showroom, office, and warehouse space supports a range of commercial operations requiring both finished work areas and back-of-house functionality.
Key Highlights
- 4,186 SF flex property renovated in 2024
- Front showroom with multiple private offices and a dedicated conference room
- Rear warehouse area with roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,492
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,840
$829.8K
Cap Rate 7%
$592,743
$592.7K
Cap Rate 9%
$461,022
$461.0K
Market Conditions
NOI Build-Up for 4,186 SF
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.
Gross rent
$62.8K $15.00/SF
− Vacancy
−$3.5K −$0.84/SF
EGI
$59.3K $14.16/SF
− OpEx
−$17.8K −$4.25/SF
NOI
$41.5K $9.91/SF
Area
Jackson, MS
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$829,840
Cap Rate 7%
$592,743
Cap Rate 9%
$461,022
Alternative Uses
Best Use
Retail
$592.7K
$518.7K – $691.5K
NOI $41,492 @ 7.0% cap · market cap 5.53%
Second Best
Office B
$558.9K
$489.0K – $652.0K
NOI $39,121 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$717.3K
$627.7K – $836.9K
NOI $50,212 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mangia Bene Catering — 4465 I-55, Jackson, MS 39206
- Southern Provisions Catering — 4620 McWillie Dr, Jackson, MS 39206
- Mama San's Wings & Zings LLC — 4780 I-55 Ste. 100, Jackson, MS 39211
- Friendly support — 150 Woodway Dr, Jackson, MS 39206
Frequently Asked Questions
What type of property is this?
Flex space - Updated commercial layout includes offices, a conference room, warehouse area, and roll-up door access.
Where is this flex space located?
The property is located at 4680 I 55 N Jackson, MS.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 4,186 SF flex property renovated in 2024; Front showroom with multiple private offices and a dedicated conference room; Rear warehouse area with roll‑up door
