Flex Office and Warehouse Building

550 Pearl Park Plaza Pearl, MS 39208

Claim this Listing
For Sale
$309,000

COMMERCIAL - Pearl, MS

Property size:
3,000 SF
Lot size:
0.31 Acres
Price / SF:
$103/SF
Added:
May 25, 2026
Days on Market:
48
Last Refresh:
Jul 11 at 4:06 am

Property Features for 550 Pearl Park Plaza

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
E09c-000014-00020
Size
3,000 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
A LOT 89.18 X 17.25 X 122.58 X 100.0 X 136.0 BEING APPR OX 0.31 AC
Tax Annual Amount
3093

Building Details

Year built
1987

Listing agent Forest Anthony License #S59553

Listing office Backwoods Land Company, LLC 4853 Main Street, Madison, MS

Listing date May 25, 2026

MLS# 4150578

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.


Investment Insights

Based on property information with market context.

This flex building combines approximately +/-1,500 SF of office space with approximately +/-1,500 SF of warehouse/shop space, creating a functional layout for commercial use. The property sits on approximately +/-0.31 acres, offering a compact site with practical space for operations.

The building is located in an established commercial area near major transportation corridors and the greater Jackson metro market. Current occupancy is in place through July 30, 2026, providing near-term income while leaving flexibility for an owner-user or investor after lease expiration.

Key Highlights

  • 1987‑built commercial property with approximately +/- 1,500 SF office and +/- 1,500 SF warehouse/shop space
  • Total size on approximately +/- 0.31 acres in an established commercial area
  • Functional office + warehouse/shop layout designed to support a variety of commercial operations

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
Warehouse
$321.9K
$281.6K – $375.5K (±1% cap)
NOI $22,530 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$265.1K
$231.9K – $309.2K (±1% cap)
NOI $18,554 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Law Firm Skin Care Clinic Storage Facility Big Box & Wholesale Store HVAC Service Restaurant Grocery & Convenience Store Electrical Service

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

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 includes office and warehouse/shop space on roughly 0.31 acres and is 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: 1987‑built commercial property with approximately +/- 1,500 SF office and +/- 1,500 SF warehouse/shop space; Total size on approximately +/- 0.31 acres in an established commercial area; Functional office + warehouse/shop layout designed to support a variety of commercial operations
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