Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5002 Us-80 Pearl, MS 39208

    • Warehouses
    • 9,728 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 5002 Us-80

    Year built
    1971
    Lot size
    0.85 lot acres
    Property size
    9,728 SF
    Property type
    Warehouses
    Property subtype
    Day care centers

    Description

    This 9,728-square-foot, single-story building in Pearl, Mississippi, presents a unique investment opportunity. Located on Highway 80, it boasts excellent visibility and accessibility, with over 25,000 vehicles passing daily. Built in 1971 and renovated in 2019, this Class B property sits on a 0.85-acre lot and features one loading dock. Its versatile design, previously used as a daycare and summer camp, allows for easy customization to suit various needs, including retail, office, warehouse, or flex space. The fully climate-controlled interior offers 9,728 square feet of adaptable space. The multi-span construction with a central support beam system facilitates flexible layouts. The property is zoned C-2 General Commercial and benefits from its location within an Opportunity Zone in Rankin County, offering convenient access to Interstate 20 and Jackson Medgar Wiley Evers International Airport. This vacant, single-tenancy building is priced at $850,000, or $87.38 per square foot. The property's strategic location and adaptable design make it an ideal choice for owner-users seeking a highly visible and customizable space in a thriving area.

    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
    -90.0596
    Latitude
    32.2842

    Comparable in this City

    • Value Estimation by Request
      2,696 SF

      2215 Highway 80

      Distribution properties • 2,696 SF
      2215 Highway 80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      9,952 SF

      105 Metroplex Blvd

      Distribution properties • 9,952 SF
      105 Metroplex Blvd, Pearl, MS 39208
      View Details
    • Value Estimation by Request

      105 Fairmont Plz

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

      5000 Us-80

      Distribution properties • 145,000 SF
      5000 Us-80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      510 SF

      5270 Us-80

      Individual retail properties • 510 SF
      5270 Us-80, Pearl, MS 39208
      View Details
    • Value Estimation by Request
      2,693 SF

      2215 Us-80

      Individual retail properties • 2,693 SF
      2215 Us-80, Pearl, MS 39208
      View Details

    Similar Nearby for Sale

    • $1,800,000
      9,952 SF

      Prime Pearl Mixed-Use Property

      9,952 SF Office/Warehouse, $1.8M
      105 Metroplex Blvd, Pearl, MS 39208
      View Details
    • $4,600,000
      35,000 SF

      I-20/I-55 Industrial Space

      Rankin County warehouse, 35k-175k SF available.
      1125 Weems St, Pearl, MS 39208
      View Details
    • Contact for pricing
      3,045 SF

      Pearl Restaurant Space - 3045 SF

      Prime Retail Location, Vacant, High Visibility
      300 Riverwind Dr, Pearl, MS 39208
      View Details
    • $3,695,000
      33,610 SF

      Pearl, MS Retail Investment Opportunity

      High-traffic retail building, great potential.
      422 Riverwind Dr, Pearl, MS 39208
      View Details
    • $2,150,000
      Pending

      Highway 80 Industrial Opportunity

      Three-building industrial property in Pearl, MS with ample storage.
      5012 Highway 80, Pearl, MS 39208
      View Details
    • $240,000
      3,344 SF

      Prime Pearl Office/Flex Space

      3,344 SF Office/Flex in Pearl, MS
      307 Pearson Rd, Pearl, MS 39208
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      145,000 SF

      Rankin Industrial Complex: Pearl, MS

      Multi-use industrial space available. Prime location, flexible options.
      5000 Us-80, Pearl, MS 39208
      View Details
    • $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
    • $5 SF/Yr
      175,000 SF

      Pearl, MS Industrial Warehouse

      175,000 SF Warehouse Space Available
      1125 Weems St, Pearl, MS 39208
      View Details
    • $9 SF/Yr
      9,728 SF

      Freestanding Building on Highway 80

      9,728 SF freestanding building with high visibility and easy access.
      5002 S 80, 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
    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.
    5002 Us-80
    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

    Google sign-in failed. Please try again or use another login method.