Industrial Property with Highway
5270 Greenway Drive, Jackson, MS 39204
4,401 SF industrial property with excellent highway access.
Type:Industrial
Property size:
4,401 SFPrice / SF:
$62/SF- Added:
- Mar 6, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 10:51 pm
Property Features for 5270 Greenway Drive
General Information
- Standard status
- Active
- Size
- 4,401 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing agent Micah McCullough, CCIM, SIOR License #MS #B-18980 (601) 981-6800
Listing office (601) 981-6800
Listing date Mar 6, 2026
Source Naiglobal
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 Micah McCullough, CCIM, SIOR
HighLights
- Excellent access to Interstate 20 (less than 1 mile) and Interstate 55 (8 miles).
- Located in a well‑established industrial corridor off Highway 18.
- 4,401 SF of flex space suitable for warehousing, distribution, or service‑related operations.
- 9 Grade‑Level Doors.
- Built in 1985.
- Ideal location for a variety of business needs.
Overview
The property at 5270 Greenway Drive in Jackson, MS, is a 4,401 SF industrial property suitable for warehousing, distribution, or service-related operations. It is positioned off Highway 18 in a well-established industrial corridor, providing connectivity to Interstate 20 and Interstate 55. The flex space property features nine grade-level doors and is located less than 1 mile from Interstate 20 and 8 miles from Interstate 55.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$158.3K
NOI $14,248 @ 9.00% cap · cautious / downside scenario
Moderate
$203.5K
NOI $14,248 @ 7.00% cap · market / base-case scenario
Aggressive
$285.0K
NOI $14,248 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.7k | $4.92 |
| − Vacancy | −$1.3k | −$0.30 |
| EGI | $20.4k | $4.62 |
| − OpEx | −$6.1k | −$1.39 |
| NOI | $14.2k | $3.24 |
4,401 SF · lease $4.92/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Industrial
$203.5K
$178.1K – $237.5K
NOI $14,248 @ 7.0% cap · market cap 5.18%
Second Best
Flex RnD
$189.0K
$165.4K – $220.5K
NOI $13,230 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$754.2K
$659.9K – $879.9K
NOI $52,791 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.282
- Latitude
- 32.2925
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 4,401 SF industrial property with excellent highway access.
Where is this flex space located?
The property is located at 5270 Greenway Drive Jackson, MS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Excellent access to Interstate 20 (less than 1 mile) and Interstate 55 (8 miles).; Located in a well‑established industrial corridor off Highway 18.; **4,401 SF of flex space** suitable for warehousing, distribution, or service‑related operations.
