Five-Unit Mixed-Use
For Sale
Contact for pricing
5731 OLD CANTON RD, Jackson, MS 39211
B-zoned commercial property with retail space and multiple suites in a mixed-use configuration.
Property Size5,090 SF
Price / SF$98.23
Days on Market118
Property Features for 5731 OLD CANTON RD
General Information
Standard status
Active
Size
5,090 SF
Class
C
Property subtype
Retail, Office, Mixed Use
Zoning
B
Occupancy
70%
Lease Type
Gross
Net Operating Income
$59,400
Building Details
Year Built
1973
Units
5
Tenancy
Multi
Listing Agency:
Muse LLC
Listed By:
Jeanhee Kang · License #22144
(601) 955-0240
Source:
Crexi
Added: Jun 20
Changed: Oct 2
Last Checked: Oct 14 at 11:37PM
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 Muse LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 5,090 square feet across five units and includes retail space. Suites 101, 104, and 105 are identified with tenants occupying the spaces for more than 10 years. The building was constructed in 1973 and carries B zoning.
Located at 5731 Old Canton Rd in Jackson, Mississippi, the property offers an established multi-suite layout for commercial use. Its combination of retail space, multiple units, and long-standing tenancy in three identified suites provides a straightforward operating profile for review.
Located at 5731 Old Canton Rd in Jackson, Mississippi, the property offers an established multi-suite layout for commercial use. Its combination of retail space, multiple units, and long-standing tenancy in three identified suites provides a straightforward operating profile for review.
Key Highlights
- 5,090 SF mixed‑use commercial property
- Five units total within the building
- Retail space included in the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,665
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,300
$893.3K
Cap Rate 7%
$638,071
$638.1K
Cap Rate 9%
$496,278
$496.3K
Market Conditions
NOI Build-Up for 5,090 SF
Gross rent
$79.4K $15.60/SF
− Vacancy
−$7.9K −$1.56/SF
EGI
$71.5K $14.04/SF
− OpEx
−$26.8K −$5.27/SF
NOI
$44.7K $8.77/SF
Area
Jackson, MS
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,300
Cap Rate 7%
$638,071
Cap Rate 9%
$496,278
Alternative Uses
Best Use
Retail
$720.7K
$630.7K – $840.9K
NOI $50,452 @ 7.0% cap · market cap 10.09%
Second Best
Office B
$679.6K
$594.6K – $792.8K
NOI $47,569 @ 7.0% cap · market cap 9.51%
Theoretical Best
Office A
$872.2K
$763.2K – $1.02M
NOI $61,056 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Explore this area
Business Placement
Demographics for 39211, MS
24,900
Population
11,334
Households
2.2
Avg Household Size
37
Median Age
54%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
2,024
Density / Sq Mi
$68,415
Median Household Income
$40,523
Median Earnings
$1,273
Median Rent
$198,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - B-zoned commercial property with retail space and multiple suites in a mixed-use configuration.
Where is this mixed-use property located?
The property is located at 5731 OLD CANTON RD Jackson, MS.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 5,090 SF mixed‑use commercial property; Five units total within the building; Retail space included in the property
