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    Industrial Property with Highway Access Title is generated by Realmo AI

    5270 Greenway Drive, Jackson, MS 39204

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    For Sale
    $275,000

    4,401 SF industrial property with excellent highway access.

    Type:Industrial
    Property size:
    4,401 SF
    Price / SF:
    $62/SF
    Added:
    Mar 6, 2026
    Days on Market:
    123
    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

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    Micah McCullough, CCIM, SIOR
    Micah McCullough, CCIM, SIOR

    Listing office

    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.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    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.

    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 Uses

    Best Use
    Industrial
    $203.5K
    $178.1K – $237.5K (±1% cap)
    NOI $14,248 @ 7.0% cap · market cap 5.18%
    Second Best
    Flex RnD
    $189.0K
    $165.4K – $220.5K (±1% cap)
    NOI $13,230 @ 7.0% cap · market cap 4.81%
    Theoretical Best
    Office A
    $754.2K
    $659.9K – $879.9K (±1% cap)
    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

    Suggested Use

    Real Estate Agency Law Firm Auto Parts Store Skin Care Clinic Food Market Accounting Firm HVAC Service Cafe & Coffee Shop Computer & Electronic Repair Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.282
    Latitude
    32.2925

    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.
    More about this property
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