Commercial Land with Office
For Sale
$1,200,000
96 Baker Lane, Brandon, MS 39047
Commercial Sale, Brandon, MS
Property Size3,200 SF
Lot Size1.61 Acres
Price / SF$367.31
Days on Market148
Property Features for 96 Baker Lane
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
Metes And Bounds
Directions
GPS Friendly
Standard status
Active
APN
I11 000057 00000
Size
3,267 SF
Lot size
1.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1.605A IN NE4 NE4 S OF BAKER LANE E OF HWY 471 DB 345 PG 433 0020177 DB 296 PG 0573 0031773
Tax Annual Amount
9002
Legal Description
1.605A IN NE4 NE4 S OF BAKER LANE E OF HWY 471 DB 345 PG 433 0020177 DB 296 PG 0573 0031773
Building Details
Year built
1979
Listing Agency:
Havard Real Estate Group, LLC
(601) 340-9656
Listed By:
Hartley Havard · License #B22422
(601) 260-2127
Added: May 13
Changed: Sep 21
Last Checked: Oct 7 at 1:06PM
MLS# 4149265
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 1.61-acre commercial tract includes an existing 3,200-square-foot structure with approximately 2,880 square feet configured as office space. Additional outbuildings are also present, providing storage or other supplemental utility. Built in 1979, the property offers an existing improvement base for renovation while retaining land area for future redevelopment.
Located at 96 Baker Lane in Brandon, the site occupies the corner of Baker Lane and Highway 471. The highway is reported to carry an estimated 8,000 to 10,000 vehicles per day. C-3 Commercial zoning supports a range of retail and business uses, subject to applicable approvals. The property is in Rankin County, Mississippi, with a Brandon mailing address and ZIP Code 39047.
Located at 96 Baker Lane in Brandon, the site occupies the corner of Baker Lane and Highway 471. The highway is reported to carry an estimated 8,000 to 10,000 vehicles per day. C-3 Commercial zoning supports a range of retail and business uses, subject to applicable approvals. The property is in Rankin County, Mississippi, with a Brandon mailing address and ZIP Code 39047.
Key Highlights
- 1.61‑acre commercial tract at 96 Baker Lane, Brandon, MS 39047
- Existing 3,200 square foot building with approximately 2,880 square feet of office space
- Additional outbuildings provide storage or supplemental‑use space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,284
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,680
$705.7K
Cap Rate 7%
$504,057
$504.1K
Cap Rate 9%
$392,044
$392.0K
Market Conditions
NOI Build-Up for 3,267 SF
Gross rent
$58.8K $18.00/SF
− Vacancy
−$11.8K −$3.60/SF
EGI
$47.0K $14.40/SF
− OpEx
−$11.8K −$3.60/SF
NOI
$35.3K $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%
$705,680
Cap Rate 7%
$504,057
Cap Rate 9%
$392,044
Alternative Uses
Best Use
Office B
$504.1K
$441.1K – $588.1K
NOI $35,284 @ 7.0% cap · market cap 2.94%
Second Best
Retail
$490.1K
$428.9K – $571.8K
NOI $34,309 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$896.1K
$784.1K – $1.05M
NOI $62,726 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 39047, MS
39,191
Population
16,706
Households
2.3
Avg Household Size
39
Median Age
45%
College-Educated
93%
High-School Grad
96.9 sq mi
ZIP Area
404
Density / Sq Mi
$93,114
Median Household Income
$52,928
Median Earnings
$1,491
Median Rent
$265,300
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?
Commercial land - C-3 Commercial property at a signalized? corner with existing improvements and additional outbuildings for storage or supplemental use.
Where is this commercial land located?
The property is located at 96 Baker Lane Brandon, MS.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.61‑acre commercial tract at 96 Baker Lane, Brandon, MS 39047; Existing 3,200 square foot building with approximately 2,880 square feet of office space; Additional outbuildings provide storage or supplemental‑use space
