Flex Space with
For Sale
$1,800,000
5295 I-55 N Frontage Road, Jackson, MS 39206
Commercial Sale, Jackson, MS
Property Size20,000 SF
Lot Size2.73 Acres
Price / SF$90
Days on Market278
Property Features for 5295 I-55 N Frontage Road
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Metes And Bounds
Lot features
Fenced, Open Lot, Rectangular Lot, Fenced, Open Lot, Rectangular Lot
Standard status
Active
APN
507-350
Size
20,000 SF
Lot size
2.73 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
BEG 181.47 FT SWLY INT S/L BOUNDS ST & W/L INT 55 SWLY 50.43 FT W 469.92 FT N 229.21 FT E 259.14 FT S 179.29 FT E 219.17 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E And BEG INT S/L BOUNDS ST & W/L INT 55 SWLY 181.47 FT W 219.17 FT N 179.29 FT E 249.27 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E
Tax Annual Amount
17202
Legal Description
BEG 181.47 FT SWLY INT S/L BOUNDS ST & W/L INT 55 SWLY 50.43 FT W 469.92 FT N 229.21 FT E 259.14 FT S 179.29 FT E 219.17 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E And BEG INT S/L BOUNDS ST & W/L INT 55 SWLY 181.47 FT W 219.17 FT N 179.29 FT E 249.27 FT TO POB IN NW 1/4 & NE 1/4 SEC 13 T6N R1E
Building Details
Year built
1968
Floors in Building
2
Listing Agency:
Overby, Inc.
Listed By:
Matthew Benton · License #S49807
(601) 366-8511
Added: Jan 21
Changed: Oct 8
Last Checked: Oct 26 at 11:06PM
MLS# 4136840
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 20,000-square-foot flex property occupies 2.73 acres and includes approximately 6,000 square feet of warehouse and office area. Built in 1968, the existing structure is currently occupied by A Complete Flag Source. The property previously served as a car dealership and tire shop, supporting a range of commercial configurations within its established improvements.
The site fronts I-55 and is accessible from both the I-55 Frontage Road and Bounds Street. Its large parcel provides substantial outdoor area alongside the existing building, with exposure to interstate traffic and a location in Jackson, Mississippi.
The site fronts I-55 and is accessible from both the I-55 Frontage Road and Bounds Street. Its large parcel provides substantial outdoor area alongside the existing building, with exposure to interstate traffic and a location in Jackson, Mississippi.
Key Highlights
- 20,000‑square‑foot flex property on 2.73 acres
- Approximately 6,000 square feet of warehouse and office space
- Current occupant is A Complete Flag Source
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,497
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,169,940
$2.2M
Cap Rate 7%
$1,549,957
$1.5M
Cap Rate 9%
$1,205,522
$1.2M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$132.0K $6.60/SF
− Vacancy
−$4.4K −$0.22/SF
EGI
$127.6K $6.38/SF
− OpEx
−$19.1K −$0.96/SF
NOI
$108.5K $5.42/SF
Area
Jackson, MS
Vacancy
3.30%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,169,940
Cap Rate 7%
$1,549,957
Cap Rate 9%
$1,205,522
Alternative Uses
Best Use
Retail
$2.83M
$2.48M – $3.30M
NOI $198,240 @ 7.0% cap · market cap 11.01%
Second Best
Office B
$2.67M
$2.34M – $3.12M
NOI $186,912 @ 7.0% cap · market cap 10.38%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $239,904 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39206, MS
22,553
Population
11,237
Households
2
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
2,563
Density / Sq Mi
$41,611
Median Household Income
$32,410
Median Earnings
$1,084
Median Rent
$117,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Bessi Roo's Food Truck and Catering — 407 Bounds St, Jackson, MS 39206
- Taste Bud Magic ~~ Premier Catering Services — 5420, I-55, Jackson, MS 39211
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property with warehouse and office space, convenient two-road access, and an existing tenant.
Where is this flex space located?
The property is located at 5295 I-55 N Frontage Road Jackson, MS.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 20,000‑square‑foot flex property on 2.73 acres; Approximately 6,000 square feet of warehouse and office space; Current occupant is A Complete Flag Source
