Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Flowood Dr Flowood, MS 39232
    Back to Search
    Property profile & analytics

    1 Flowood Dr Flowood, MS 39232

    View on Map
    • Land
    • 0.66 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1 Flowood Dr

    Lot size
    0.66 lot acres
    Property type
    Land

    Description

    Brandywine Town Center, a premier super-regional power shopping center in Wilmington, DE, offers exceptional retail leasing opportunities. Strategically located at the intersection of US Route 202 (Concord Pike) and State Route 92 (Naamans Rd), this center boasts impressive daily traffic counts exceeding 53,000 vehicles. The property encompasses a total of 945,536 square feet, with multiple suites available for lease, ranging from a minimum of 2,822 square feet to a maximum contiguous space of 54,844 square feet. Currently, 86,891 square feet are vacant. The center features a robust tenant mix, including a top-performing Target, Dick's House of Sport, Lowe's, PetSmart, Michaels, and other prominent retailers. Ample parking is provided with 5,158 spaces. Brandywine Town Center benefits from Delaware's tax-free shopping, attracting a significant customer base from Delaware, Pennsylvania, Maryland, and New Jersey. This suburban retail property presents a unique opportunity for businesses seeking high visibility and strong sales potential in a densely populated and affluent market. The property consists of four total suites.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flowood
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1025
    Latitude
    32.3265

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      Layfair At Lomax St

      Land • 3.00 Acres
      0 Layfair At Lomax St, Flowood, MS 39232
      View Details
    • Value Estimation by Request
      1.04 Acres

      Treetops Blvd

      Land • 1.04 Acres
      0 Treetops Blvd, Flowood, MS 39232
      View Details
    • Value Estimation by Request
      1.10 Acres

      Lakeland Dr

      Land • 1.10 Acres
      0 Lakeland Dr, Flowood, MS 39232
      View Details
    • Value Estimation by Request
      1.17 Acres

      Flowood Dr

      Land • 1.17 Acres
      0 Flowood Dr, Jackson, MS 39232
      View Details
    • Value Estimation by Request

      -468 Highway Dr

      Land
      -468 Highway Dr, Flowood, MS 39232
      View Details
    • Value Estimation by Request
      2.50 Acres

      Tree St

      Land • 2.50 Acres
      0 Tree St, Flowood, MS 39232
      View Details

    Similar Nearby for Sale

    • $800,000
      845,064 SF

      Lakeland Drive Commercial Land

      19.4 Acres, High Traffic Location
      0 Ms-25, Flowood, MS 39232
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Flowood, Mississippi.
      Flowood Dr, Flowood, MS 39232
      View Details
    • Contact for pricing

      Flowood Land For Sale

      46.531 acres of land available in Flowood, Mississippi.
      Liberty Rd, Flowood, MS 39232
      View Details
    • Contact for pricing

      Land For Sale

      1.04 acre land available for sale.
      Treetops Blvd, Flowood, MS 39232
      View Details
    • Contact for pricing

      Land with Lakeland Drive Frontage

      Land with frontage and visibility on Lakeland Drive.
      Lakeland Dr &Liberty Rd, Flowood, MS 39232
      View Details
    • Contact for pricing

      Land Near River Oaks Hospital

      Land for sale near River Oaks Hospital and Airport Road.
      2767 Flowood Dr, Flowood, MS 39232
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Near Major Highways

      Land with easy access to highways and metro area.
      Underwood Dr, Flowood, MS 39232
      View Details
    • Contact for pricing

      Retail Space in Flowood, MS

      Retail space available in a premier lifestyle center.
      150 Dogwood Blvd, Flowood, MS 39232
      View Details
    • Contact for pricing

      Flowood Office Space For Rent

      Office suite available for lease in Flowood, Mississippi.
      252 Katherine Dr, Flowood, MS 39232
      View Details
    • Contact for pricing
      912 SF

      Flowood Office Space For Rent

      Professional building with marquee signage in a thriving area.
      1050 N Flowood Dr, Flowood, MS 39232
      View Details
    • Contact for pricing
      1,850 SF

      Flowood Flex Space with Dock

      Flex space featuring an open floorplan, office, and warehouse.
      3010 Lakeland Cv, Flowood, MS 39232
      View Details
    • $5 SF/Yr
      28,000 SF

      Flowood Retail Building For Lease

      28,000 SF retail building in the Jackson MSA.
      710 Highway 80, Flowood, MS 39232
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Flowood Dr
    Flowood, MS 39232
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Flowood Dr, Flowood, MS, 39232
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!