Freestanding Retail
New
For Sale
Contact for pricing
502 Jackson St, Edwards, MS 39066
Vacant space with an open interior, pylon signage, and GC General Commercial District zoning.
Property Size9,230 SF
Lot Size1.79 Acres
Days on Market1
Property Features for 502 Jackson St
General Information
Standard status
Active
Size
9,230 SF
Total Parking Spaces
32
Lot size
1.79 Acres
Property subtype
Vacant-User
Zoning
GC General Commercial District
Site & Location
Pylon Signage
Yes
Traffic Count
4,757 vehicles/day
Amenities
ABSOLUTE $1 AUCTION | Former Dollar General | Built 2011 | AUCTION NOVEMBER 16-18
Freestanding Retail with Built-In Upside - ±9,230 SF former Dollar General on ±1.79 acres offers lease-up, owner-user, and reuse potential.
High-Visibility Old Highway 80 Position - ±380 feet of Jackson Street frontage carries ±4,757 VPD with added Cemetery Road exposure.
Quick Access to I-20 and Regional Traffic - Located ±0.4 miles from I-20/US-80, where traffic reaches approximately ±32,861 vehicles per day.
Flexible Commercial Repositioning Potential - Open interior, 32 parking spaces, pylon sign, and 19-foot height support varied end-user concepts.
Jackson MSA Access with Strong Local Income - Five-mile trade area with average household income of ±$80,028.
Absolute $1 Auction - First Bid Meets Reserve!
Building Details
Building Size
9,230 SF
Year Built
2011
Buildings
1
Tenancy
Single
Listing Agency:
Fort Lauderdale Office
Listed By:
Philip Kates · License #License(s): FL: SL3235872, NC: LC1044
(954) 245-3408
Source:
Marcusmillichap
Added: Oct 30
Last Checked: Oct 30 at 3:22PM
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 Fort Lauderdale Office
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Investment Insights
Based on property information with market context.
This freestanding retail property offers 9,230 square feet of vacant space on 1.79 acres. Built in 2011, the building has an open interior, approximately 19 feet of building height, 32 surface parking spaces, and a pylon sign. Its prior use was as a Dollar General store. The property is zoned GC General Commercial District, with uses subject to applicable zoning requirements.
The site has approximately 380 feet of frontage on Jackson Street/Old Highway 80 and approximately 277 feet along Cemetery Road. I-20/US-80 is about 0.4 miles away. The property is approximately 30 minutes from Jackson and 20 minutes from John Bell Williams Airport. Traffic volumes are reported at 4,757 vehicles per day on Jackson Street/Old Highway 80 and 32,861 vehicles per day on I-20/US-80.
The site has approximately 380 feet of frontage on Jackson Street/Old Highway 80 and approximately 277 feet along Cemetery Road. I-20/US-80 is about 0.4 miles away. The property is approximately 30 minutes from Jackson and 20 minutes from John Bell Williams Airport. Traffic volumes are reported at 4,757 vehicles per day on Jackson Street/Old Highway 80 and 32,861 vehicles per day on I-20/US-80.
Key Highlights
- 9,230‑square‑foot freestanding retail building on 1.79 acres
- Built in 2011; vacant, with an open interior configuration
- 32 surface parking spaces and a pylon sign
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,779
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,395,580
$1.4M
Cap Rate 7%
$996,843
$996.8K
Cap Rate 9%
$775,322
$775.3K
Market Conditions
NOI Build-Up for 9,230 SF
Gross rent
$110.8K $12.00/SF
− Vacancy
−$11.1K −$1.20/SF
EGI
$99.7K $10.80/SF
− OpEx
−$29.9K −$3.24/SF
NOI
$69.8K $7.56/SF
Area
Hinds County, MS
Vacancy
10.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,395,580
Cap Rate 7%
$996,843
Cap Rate 9%
$775,322
Alternative Uses
Best Use
Retail
$996.8K
$872.2K – $1.16M
NOI $69,779 @ 7.0% cap · market cap 6,977,900.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$62.70M
$54.86M – $73.15M
NOI $4,389,030 @ 7.0% cap · market cap 438,903,000.00%
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
4,757 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,627 visits/mo
0.2 miles
Demographics for 39066, MS
3,912
Population
2,146
Households
1.8
Avg Household Size
46
Median Age
19%
College-Educated
89%
High-School Grad
150.3 sq mi
ZIP Area
26
Density / Sq Mi
$48,438
Median Household Income
$37,500
Median Earnings
$774
Median Rent
$142,900
Median Home Value
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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?
Retail space - Vacant space with an open interior, pylon signage, and GC General Commercial District zoning.
Where is this retail space located?
The property is located at 502 Jackson St Edwards, MS.
What are key features of this property?
This property features: 9,230‑square‑foot freestanding retail building on 1.79 acres; Built in 2011; vacant, with an open interior configuration; 32 surface parking spaces and a pylon sign
