Office/Warehouse Metal
For Sale
$325,000
8071 N Mcraven Road, Clinton, MS 39056
COMMERCIAL - Clinton, MS
Property Size4,452 SF
Lot Size0.80 Acres
Price / SF$73
Days on Market127
Property Features for 8071 N Mcraven Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C2
Bedrooms
1
Bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Subdivision
Metes And Bounds
Lot features
Level, Cleared, City Lot, Fenced, Interior Lot, Level, Cleared, City Lot, Fenced, Interior Lot
Elementary school
Clinton Park Elm
Middle school
Clinton
High school
Clinton
Directions
I-20 to Clinton, go south on Springridge Rd., turn left onto Springridge Rd., property is on the right
Standard status
Active
APN
2851-0720-010
Size
4,452 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
110 FT S/S MCRAVEN RD X 325.4 FT N & S BEG APPROX 572 FT SELY E LINE SPRINGRIDGE RD IN NE 1/4 SW 1/4 SEC 5 T5 R1W
Tax Annual Amount
2805
Legal Description
110 FT S/S MCRAVEN RD X 325.4 FT N & S BEG APPROX 572 FT SELY E LINE SPRINGRIDGE RD IN NE 1/4 SW 1/4 SEC 5 T5 R1W
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Flooring type
Simulated wood, Concrete, Vinyl
Roof type
Metal
Listing Agency:
Century 21 David Stevens · Century 21 Real Estate
(601) 924-7552
Listed By:
David W Stevens · License #B4511
(601) 951-9100
Added: Apr 18
Changed: Aug 4
Last Checked: Aug 22 at 6:06AM
MLS# 4146489
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 office/warehouse building is set up as a pre-engineered metal structure with metal walls and roof, insulated on the interior. The office area features new luxury vinyl flooring, and the windows have burglar bars. Exterior lighting includes three halogen parking lot light fixtures, and the perimeter is secured with chain link fencing.
The property is zoned C-2. A total of 2,400 square feet of concrete paving runs along the west side of the building, supporting practical on-site access and staging. A new septic tank was installed in 2025.
The building is offered for sale as a flex-style office/warehouse configuration at 8071 N Mcraven Road, Clinton, MS 39056.
The property is zoned C-2. A total of 2,400 square feet of concrete paving runs along the west side of the building, supporting practical on-site access and staging. A new septic tank was installed in 2025.
The building is offered for sale as a flex-style office/warehouse configuration at 8071 N Mcraven Road, Clinton, MS 39056.
Key Highlights
- Pre‑engineered metal office/warehouse building, zoned C‑2
- Metal roof; interior insulated metal walls
- New luxury vinyl flooring in the office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,031
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$580,620
$580.6K
Cap Rate 7%
$414,729
$414.7K
Cap Rate 9%
$322,567
$322.6K
Market Conditions
NOI Build-Up for 4,452 SF
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.
Gross rent
$50.8K $11.40/SF
− Vacancy
−$6.1K −$1.37/SF
EGI
$44.7K $10.03/SF
− OpEx
−$15.6K −$3.51/SF
NOI
$29.0K $6.52/SF
Area
Hinds County, MS
Vacancy
12.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$580,620
Cap Rate 7%
$414,729
Cap Rate 9%
$322,567
Alternative Uses
Best Use
Office B
$535.8K
$468.8K – $625.1K
NOI $37,504 @ 7.0% cap · market cap 11.54%
Second Best
Warehouse
$477.6K
$417.9K – $557.3K
NOI $33,435 @ 7.0% cap · market cap 10.29%
Theoretical Best
Hotel Hospitality
$30.24M
$26.46M – $35.28M
NOI $2,117,005 @ 7.0% cap · market cap 651.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39056, MS
27,346
Population
11,334
Households
2.4
Avg Household Size
38
Median Age
48%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
505
Density / Sq Mi
$71,864
Median Household Income
$46,577
Median Earnings
$1,135
Median Rent
$220,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Pre-engineered metal office/warehouse with insulated interior, concrete yard paving, and a 2025 septic tank.
Where is this flex space located?
The property is located at 8071 N Mcraven Road Clinton, MS.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Pre‑engineered metal office/warehouse building, zoned C‑2; Metal roof; interior insulated metal walls; New luxury vinyl flooring in the office
