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12 Lakeland Circle, Jackson, MS 39216

4,200 SF office building with long-term tenants.

Property Size4,200 SF
Price / SF$95.24
Days on Market1707

Property Features for 12 Lakeland Circle

General Information

Standard status Active
Size 4,200 SF
Property subtype Office, Land
Occupancy 100%
Net Operating Income $27,000
Listing Agency: Walter Michel Agency
Listed By: Henry R Michel · License #MS
Source: Crexi
Added: Dec 19, 2021 Changed: Aug 8 Last Checked: Aug 21 at 2:17PM

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 Walter Michel Agency

Investment Insights

Based on property information with market context.

This 4,200 square foot office building is currently for sale. The property is 100% occupied by two long-term tenants. The gross income is $45,900, with a net income of $27,000.

Key Highlights

  • 100% Occupied investment property
  • Generating $27,000 Net Income
  • Gross Income of $45,900

Property Analytics

Current Use

Shorter Productions Film Production Brooks Court Reporting, ... Law Firm

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby

Demographics for 39216, MS

4,061
Population
2,073
Households
2
Avg Household Size
36
Median Age
64%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
1,310
Density / Sq Mi
$43,315
Median Household Income
$33,839
Median Earnings
$1,128
Median Rent
$249,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 4,200 SF office building with long-term tenants.
Where is this office building located?
The property is located at 12 Lakeland Circle Jackson, MS.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 100% Occupied investment property; Generating $27,000 Net Income; Gross Income of $45,900
More about this property
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