Office/Warehouse Facility in Pearl,
For Sale
Contact for pricing
105 Metroplex Blvd, Pearl, MS 39208
Mixed-use office and warehouse property on 1 acre.
Property Size9,952 SF
Lot Size1.00 Acre
Price / SF$200.96
Days on Market1406
Property Features for 105 Metroplex Blvd
General Information
Standard status
Active
Size
9,952 SF
Lot size
1.00 Acre
Property subtype
Office, Industrial, Mixed Use
Zoning
C-2
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
2020
Stories
2
Tenancy
Single
Listing Agency:
Greypointe Property Group
Listed By:
Trevor Williams · License #B24058
(601) 575-1612
Source:
Crexi
Added: Dec 13, 2022
Changed: Oct 16
Last Checked: Oct 19 at 6:37AM
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 Greypointe Property Group
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Investment Insights
Based on property information with market context.
This recently constructed mixed-use office and warehouse property is situated on 1 acre in Pearl, Mississippi. The location provides access to Interstate 20, Jackson-Evers International Airport, Highway 49, and Lakeland Drive. The property includes approximately 4,500 square feet of office space and approximately 5,300 square feet of heated and cooled warehouse space. The first floor office area features a reception area, a break room with kitchen, three restrooms, an IT/server room, and six private offices, with internal stairwell access to the second floor. The second floor office area includes a conference room, seven private offices, and two restrooms. The warehouse features an open-span layout, storage capacity, integrated offices and/or workrooms, and a climate-controlled environment. This facility is suited for companies seeking a strategic operations hub in Central Mississippi.
Key Highlights
- Prime location in Pearl, MS with immediate access to I‑20, Jackson‑Evers International Airport, Highway 49, and Lakeland Drive.
- Recently constructed (2020) mixed‑use office and warehouse facility.
- ±4,500 SF of office space and ±5,300 SF of heated and cooled warehouse space.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,482
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,149,640
$2.1M
Cap Rate 7%
$1,535,457
$1.5M
Cap Rate 9%
$1,194,244
$1.2M
Market Conditions
NOI Build-Up for 9,952 SF
Gross rent
$179.1K $18.00/SF
− Vacancy
−$35.8K −$3.60/SF
EGI
$143.3K $14.40/SF
− OpEx
−$35.8K −$3.60/SF
NOI
$107.5K $10.80/SF
Area
Rankin County, MS
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,149,640
Cap Rate 7%
$1,535,457
Cap Rate 9%
$1,194,244
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,482 @ 7.0% cap · market cap 5.37%
Second Best
Mixed Use
$1.30M
$1.13M – $1.51M
NOI $90,688 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $191,078 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 39208, MS
34,228
Population
13,931
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
47.8 sq mi
ZIP Area
716
Density / Sq Mi
$58,878
Median Household Income
$40,785
Median Earnings
$1,157
Median Rent
$173,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use office and warehouse property on 1 acre.
Where is this mixed-use property located?
The property is located at 105 Metroplex Blvd Pearl, MS.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Prime location in Pearl, MS with immediate access to I‑20, Jackson‑Evers International Airport, Highway 49, and Lakeland Drive.; Recently constructed (2020) mixed‑use office and warehouse facility.; ±4,500 SF of office space and ±5,300 SF of heated and cooled warehouse space.**
