109 Mkt Pl Ln Flowood, MS 39232
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.