Commercial Real Estate Market in Flowood, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
143 active listings and 774 off-market properties in Flowood, MS. Commercial property asks $30/SF to buy and $22.21/SF/Yr to lease.
Market Trends
Flowood, MS spans 25.6 square miles in Rankin County, Mississippi. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Flowood, MS asks $100/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Flowood, MS asks $65/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Flowood, MS asks $108/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
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
Land Conservation District
General Commercial District
Single Family Residential District
Estate Residential District
Heavy Industrial 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.
Land Conservation District (L-C)
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.
9,052
Population
4,204
Households
2.2
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
25.6 sq mi
ZIP Area
354
Density / Sq Mi
$83,389
Median Household Income
$49,760
Median Earnings
$1,412
Median Rent
$293,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pearl | — | — |
| Jackson | — | $16.00 |
| Errata | — | — |
| Richland | — | — |
Commercial property in Flowood, MS asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Flowood?
Commercial property in Flowood, MS asks an average of $30 per square foot. Multifamily carries the highest asking price at $108/SF.
How much does it cost to lease commercial space in Flowood?
Asking lease rates in Flowood, MS average $22.21 per square foot per year.
What zoning applies to commercial property in Flowood?
Flowood, MS zones 18,560 acres across 13 districts, of which 28.7% is commercial and 10.5% industrial. The largest single district is Land Conservation District at 34.7% of zoned land. 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 Residential zoning covers 24.4% and open space 34.7%.
Where does Realmo's Flowood market data come from?
Realmo compiles Flowood, MS figures from 94 active sale listings, 49 active lease listings, 774 tracked off-market properties, the current Flowood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 94 active for-sale and 49 active for-lease listings in Flowood, MS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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 August 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 August 2026 · report a data issue
