Office/Warehouse Flex
550 Pearl Park Plaza Pearl, MS 39208
550 Pearl Park Plaza, Pearl, MS, 39208
Contact for pricing
For Sale
Contact for pricing
Flex building with office and warehouse/shop space, currently leased through July 30, 2026.
Property Size3,000 SF
Lot Size0.31 Acres
Price / SF$103
Days on Market52
Property Features for 550 Pearl Park Plaza
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.31 Acres
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 1987
Listing agency
Backwoods Land Company
Listed by
Forest Anthony · License #S-59553
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:49PM Checked: Jul 22 at 8:15AM
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 Backwoods Land Company
Investment Insights
Based on property information with market context.
The property is a flex-style building combining approximately 1,500 SF of office space with approximately 1,500 SF of warehouse/shop space for a functional live-work or back-office setup. The overall layout is designed to support a range of day-to-day commercial uses that benefit from both client-facing or administrative space and dedicated warehouse operations. The site totals approximately 0.31 acres and provides room for practical on-site usability.
The building is located in an established commercial area near major transportation corridors and within the greater Jackson metro market. This positioning is intended to support accessibility for employees, deliveries, and customers depending on the specific use. The property is identified as MLS # 4150578.
For tenants, the configuration offers a straightforward way to match office and warehouse needs in one facility. For buyers, the property is currently leased through July 30, 2026, which can provide near-term income while still allowing future flexibility. After the lease expiration, the owner could evaluate repositioning for an owner-user scenario or adapt the space for other commercial operations that require both office buildout and warehouse/shop functionality.
The building is located in an established commercial area near major transportation corridors and within the greater Jackson metro market. This positioning is intended to support accessibility for employees, deliveries, and customers depending on the specific use. The property is identified as MLS # 4150578.
For tenants, the configuration offers a straightforward way to match office and warehouse needs in one facility. For buyers, the property is currently leased through July 30, 2026, which can provide near-term income while still allowing future flexibility. After the lease expiration, the owner could evaluate repositioning for an owner-user scenario or adapt the space for other commercial operations that require both office buildout and warehouse/shop functionality.
Key Highlights
- Flex building with ~1,500 SF office space and ~1,500 SF warehouse/shop space
- Located on ~0.31 acres
- Property is currently leased through July 30, 2026
Local Financial Insights For Warehouse
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 | $28.4k | $9.48 |
| − Vacancy | −$1.9k | −$0.64 |
| EGI | $26.5k | $8.84 |
| − OpEx | −$4.0k | −$1.33 |
| NOI | $22.5k | $7.51 |
3,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$462.9K
$405.0K – $540.0K
NOI $32,400 @ 7.0% cap · market cap 10.49%
Second Best
Warehouse
$321.9K
$281.6K – $375.5K
NOI $22,530 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 18.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- King Kakes & Katering, LLC — 3064 Highway 80 E, #10, Pearl, MS 39208
FAQs
What type of property is this?
Flex space - Flex building with office and warehouse/shop space, currently leased through July 30, 2026.
Where is this flex space located?
The property is located at 550 Pearl Park Plaza Pearl, MS.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Flex building with ~1,500 SF office space and ~1,500 SF warehouse/shop space; Located on ~0.31 acres; Property is currently leased through July 30, 2026
