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Property profile & analytics
OFF-MARKET
Specialty properties

109 Mkt Pl Ln Flowood, MS 39232

7,000 SF 1.5 ac lot
Property ID
Property summary
AI-generated overview

This 7,000 square foot mixed-use property, formerly "The Mighty Crab," sits on a 1.5-acre lot in Flowood, Mississippi, offering a prime redevelopment opportunity. Located at 109 Mkt Pl Ln, 39232, this C-Class, vacant property boasts 100 parking spaces and a 12-foot ceiling height. The property is zoned C-2 and features a NNN lease type. The asking price is $2,500,000. Its strategic location in Flowood's thriving business district, near major hospitals and with high visibility on a six-lane road (51,000 vehicles per day), makes it ideal for a variety of high-volume uses. Significant nearby development is underway, including a new Chick-fil-A and a planned shopping center, medical center, and hotel on adjacent rezoned land. A new property entrance and exit have been approved. This presents a unique chance to capitalize on Flowood's rapid growth and high traffic volume. The property is available for occupancy December 1, 2023.

Property profile
Verified
Property type Specialty properties
Total area 7,000 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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