5076 Lakeland Drive Flowood, MS 39232
COMMERCIAL - Flowood, MS
Type:Retail
Property size:
10,000 SFLot size:
2.89 AcresPrice / SF:
$350/SF- Added:
- Sep 11, 2025
- Days on Market:
- 239
- Last Refresh:
- May 7 at 11:06 pm
Property Features for 5076 Lakeland Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- G11-000044-00212
- Size
- 10,000 SF
- Lot size
- 2.89 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- A LOT 297.04 X 140.73 X 344.24 X 148.44 BEING APPROX 1.035 X IN SW4 SW4 & SE4 SW4
- Tax Annual Amount
- 25452
Building Details
- Year built
- 2019
Listing agent Jeff Hadley License #S50828 (601) 951-5318
Listing office Real Broker 232 Market Street Bldg K, Pascagoula, MS (228) 471-5211
Listing date Sep 11, 2025
MLS# 4125360
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
- Prime location on Lakeland Drive with high visibility and approximately 45,000 vehicles per day.
- Two modern commercial buildings (IHOP restaurant and retail center) totaling +/-10,007SF built in 2019.
- Located in Flowood, Rankin County, one of Mississippi's fastest‑growing counties.
- Strong demographics: 56K‑58K residents and 33K employees in a five‑mile trade area with average household incomes over $113K.
- Flexibility to hold as one investment or sell the buildings separately.
- Proximity to national retail brands like Target, Walmart, BestBuy, Kroger, and Lowe's.
Overview
Flowood Commercial Buildings on Lakeland
Located on Lakeland Drive in Flowood, this property features two commercial buildings: a 4,007-square-foot freestanding IHOP restaurant and a 6,000-square-foot three-unit retail center. Constructed in 2019, both buildings have separate utilities and high-clear ceilings. The combined space totals 10,007 square feet on approximately 2.88 acres. The property offers flexibility as a single investment or potential for separate sales in the future. Flowood is situated in Rankin County, and Lakeland Drive experiences a traffic volume of approximately 45,000 vehicles per day. The surrounding area includes national brands such as Target, Walmart, BestBuy, Kroger, and Lowe's. The five-mile trade area encompasses approximately 56,000 to 58,000 residents and 33,000 employees, with average household incomes exceeding $113,000. This property presents opportunities for a 1031 exchange or a long-term cash flow asset, with multiple exit strategies and potential for individual dispositions.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Breakfast & diners
Location Insight
- Map
- Local Demand
- City
- Flowood
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.0522017
- Latitude
- 32.3451939
Nearby Similar for Sale
FAQs
What type of property is this?
Breakfast & diner - Two modern commercial buildings totaling 10,007 SF on 2.88 acres.
Where is this breakfast & diner located?
The property is located at 5076 Lakeland Drive Flowood, MS.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime location on Lakeland Drive with high visibility and approximately 45,000 vehicles per day.; Two modern commercial buildings (IHOP restaurant and retail center) totaling +/-10,007SF built in 2019.; Located in Flowood, Rankin County, one of Mississippi's fastest‑growing counties.
