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    4501 Frontage Rd Jackson, MS 39206

    Sponsored
    For Sale
    $990,000

    High-return retail property in prime location.

    Property size:
    6,973 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,973 square foot retail storefront in Jackson, Mississippi, presents a compelling investment opportunity. Situated at 4501 Interstate 55 North Frontage Rd, 39206, this single-story building boasts excellent interstate frontage, offering high visibility and accessibility. The property is zoned C3 and comprises three units within a single building. Currently, one unit is leased to Lamp Shoppe at a monthly rent of $4,863.42, with a lease extending until December 31, 2025. A second unit is available for lease, currently listed at $6,785 per month. This presents a unique opportunity for owner-occupancy, combining personal use with rental income, or a purely investment-focused strategy by leasing all three units. The asking price is $990,000, translating to $141.98 per square foot. The property's strategic location near Banner Hall and Broadstreet Bakery further enhances its appeal and potential for strong returns. This is a multi-tenant property offering flexibility and significant upside potential for savvy investors.

    Property Features for 4501 Frontage Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,973 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Strong existing lease with Lamp Shoppe paying $4,863.42/month through December 31, 2025.
    • Vacant suite available for lease at $6,785/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.152838151212
    Latitude
    32.353503011464

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    FAQs

    What type of property is this?
    Individual retail property - High-return retail property in prime location.
    Where is this individual retail property located?
    The property is located at 4501 Frontage Rd Jackson, MS.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Strong existing lease with Lamp Shoppe paying $4,863.42/month through December 31, 2025.; Vacant suite available for lease at $6,785/month.;
    Request Owner's contact information
    4501 Frontage Rd Jackson, MS 39206
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    Jackson, MS 39206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4501 Frontage Rd Jackson, MS 39206
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