Commercial Real Estate Market in Flowood, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
79 active listings and 774 off-market properties in Flowood, MS. Commercial property asks $228/SF to buy (based on 8 listings) and $18.00/SF/Yr to lease.
Market Trends
Flowood, MS spans 25.6 square miles in Rankin County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Flowood, MS has a median asking sale price of $192/SF (based on 5 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Flowood, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Flowood, MS runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Flowood, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 34.7%
- Commercial 28.7%
- Residential 24.4%
- Industrial 10.5%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Flowood, MS zones 18,560 acres across 13 districts. Commercial zoning covers 28.7% of zoned land, residential 24.4%, open space 34.7% and industrial 10.5%. The largest single district is Land Conservation District at 34.7%. For commercial buyers the practical constraint is that only 39.2% of land carries a commercial or industrial designation.
The L-C District is hereby created in order to preserve for future development and use in a manner consistent with the City's formally adopted Comprehensive Plan tracts of presently vacant land located in areas without an established urban land use character or without adequate public street access and utility service
Market overview
Demographics & Economy
Flowood, MS has 9,052 residents in 4,204 households. Density runs 354 people per square mile. Median household income here is $83,389 and median gross rent $1,412 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Pearl | $126 | $14.00 |
| Jackson | $79 | $16.50 |
| Ridgeland | $106 | $18.50 |
| Brandon | $128 | $19.35 |
Commercial property in Flowood, MS asks $228/SF. The 4 bordering markets run from $79/SF in Jackson to $128/SF in Brandon, and the city sits above their $116/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Flowood?
How much does it cost to lease commercial space in Flowood?
How does Flowood compare to nearby markets on price?
What zoning applies to commercial property in Flowood?
Where does Realmo's Flowood market data come from?
Methodology & data sources
- Asking prices and medians
- There are 27 active for-sale and 52 active for-lease listings in Flowood, MS. The medians are based on 8 of the for-sale and 28 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 18,560 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
