6022 I-55 South Frontage Rd, Byram, MS 39272
This exceptional 5+ acre industrial property, zoned I-2, presents a significant income-producing opportunity. Strategically located on I-55 South's frontage road in Byram, Mississippi, this property boasts high visibility with over 34,000 vehicles passing daily. The 5,154 square foot building offers versatile flex space, currently vacant, previously used as a driver training facility. The layout includes 3,530 square feet of office/training space, easily divisible into five individual offices for separate leasing and increased revenue. An additional 1,624 square feet of office space is also available. Furthermore, the property includes 2,400 square feet of mini-storage space, comprising 19 individual units, ready to generate rental income. The expansive 5-acre lot, mostly gravel-covered, provides ample space for parking, additional development, or continued use as a training area. Conveniently located near I-20 and approximately 11 miles from downtown Jackson and 18 miles from Jackson-Medgar Wiley Evers International Airport, this property offers unparalleled access and potential. All utilities are connected: power, water, and sewage. The property is situated in the business-friendly city of Byram, Hinds County, Mississippi, zip code 39272. This is a Class B property with significant upside potential for a savvy investor.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.