Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    105 Fairmont Plz Pearl, MS 39208
    Back to Search
    Property profile & analytics

    105 Fairmont Plz, Pearl, MS 39208

    View on Map
    • Warehouses
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 105 Fairmont Plz

    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This 1,800-square-foot single-tenant warehouse space is located at 105 Fairmont Plaza in Pearl, Mississippi, within Rankin County (zip code 39208). The property is classified as both office and industrial, offering flexible use potential. It features a convenient grade-level roll-up door for easy loading and unloading. The entire space is climate-controlled, ensuring year-round comfort. The monthly rental rate is $1,400. The tenant is responsible for utilities, janitorial services, and communication costs. The landlord covers property taxes, insurance, and building maintenance. This makes it an attractive option for businesses seeking a well-maintained, efficient, and cost-effective space in a prime location. The property's convenient location in Pearl, MS offers easy access to major transportation routes and local amenities. This is an excellent opportunity for a small business seeking a functional and comfortable workspace. The single-tenant occupancy ensures privacy and control over the space. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pearl
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1202
    Latitude
    32.2837

    Comparable in this City

    • Value Estimation by Request
      2,696 SF

      2215 Highway 80

      Distribution properties
      2215 Highway 80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      9,952 SF

      105 Metroplex Blvd

      Distribution properties
      105 Metroplex Blvd, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      145,000 SF

      5000 Us-80

      Distribution properties
      5000 Us-80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      9,728 SF

      5002 Us-80

      Day care centers
      5002 Us-80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      3,033 SF

      707 Joyce St

      WAREHOUSE, STORAGE
      707 Joyce St, Pearl, MS 39208-6214
      View Details
    • Value Estimation
      $520,000
      7,170 SF

      100 Willie Dr

      WAREHOUSE, STORAGE
      100 Willie Dr, Pearl, MS 39208-3400
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Flex Warehouse Buildings For Sale

      Two flex warehouse buildings on 1.2 acres in Pearl, MS.
      228 North Pearson Rd, Pearl, MS 39208
      View Details
    • Contact for pricing
      9,952 SF

      Office/Warehouse Facility in Pearl, MS

      Mixed-use office and warehouse property on 1 acre.
      105 Metroplex Blvd, Pearl, MS 39208
      View Details
    • $1,275,000
      16,600 SF

      Functional Industrial Asset in Pearl

      16,600 SF industrial property on 9.3 acres in Pearl, MS.
      720 M & O Dr, Pearl, MS 39208
      View Details
    • Contact for pricing
      16,600 SF

      Functional Industrial Asset in Pearl

      16,600 SF industrial property on 9.3 acres for sale.
      720 M And O Dr, Pearl, MS 39208
      View Details
    • Contact for pricing

      Renovated Industrial Property with Freezer

      Industrial opportunity near I-20 and I-55, renovated in 2025.
      1125 Weems St, Pearl, MS 39208
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      175,000 SF

      Rankin County Industrial Space

      175,000 SF Warehouse, Refrigerated Space Available
      1125 Weems St, Pearl, MS 39208
      View Details
    • Contact for pricing
      50,233 SF

      Pearl Warehouse Space Sublease

      50,233 SF warehouse space available for sublease in Pearl.
      550 Gulf Line Rd, Pearl, MS 39208
      View Details
    • $2,500 /Mo
      4,700 SF

      Pearl, MS Office/Warehouse Space

      Open office/warehouse space available for rent in Pearl, MS.
      810 Clearmont Dr, Pearl, MS 39208
      View Details
    • Contact for pricing

      Rankin County Industrial Space Available

      Industrial space for lease or purchase in Rankin County, MS.
      1125 Weems St, Pearl, MS 39208
      View Details
    • Contact for pricing

      Warehouse Space in Pearl, Mississippi

      18,000 SF warehouse space with convenient transportation access.
      246-A N Pearson Rd, Pearl, MS 39208
      View Details
    • Contact for pricing
      5,000 SF

      Warehouse Near Jackson Airport

      Warehouse/industrial space with easy access to major highways.
      5000 Highway 80 E, Pearl, MS 39208
      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.
    105 Fairmont Plz
    Pearl, MS 39208
    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
    105 Fairmont Plz, Pearl, MS, 39208
    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!