513 Liberty RdFlowood, MS 39232

Property Details for 513 Liberty Rd

Year built

1997

Lot size

1.14 AC

Property size (Sq ft)

4,520 SF

Property type

Office properties

Property subtype

Office buildings

APN

F10Q000001 00050

APU

F10Q00000100050

Description

This exceptional 2,250-square-foot commercial property, located at 513 Liberty Road in Flowood, Mississippi, presents a rare opportunity for businesses seeking a versatile space. The single-tenant building, built in 1997, sits on a 1.14-acre lot and offers a blend of traditional office and warehouse space, ideal for a variety of uses. The property is fully heated and cooled, ensuring year-round comfort. Its convenient location in the heart of Flowood offers easy access to Lakeland Drive and Old Fannin Road, placing your business in a thriving commercial area. The property's classification includes retail, office, and industrial uses, providing flexibility for diverse business needs. The building is a single story, with a total of 2,250 square feet currently vacant, making it immediately available for occupancy. The property's address is 513 Liberty Road, Flowood, MS 39232, and its Assessor's Parcel Number (APN) is F10q-000001-00050 in Rankin County. This property is a highly sought-after asset in a location known for its low vacancy rates, making it an excellent investment opportunity. The property's size and features make it suitable for a wide range of businesses seeking a functional and conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $757,661

  6.5%

  $699,379

  7%

  $649,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $344,790

  Geo Method

  $881,671

• Alternative Use

  Use

  Valuation

  Residential

  $867,230

  Hospitality

  $794,378

  Educational

  $660,913

  Medical

  $683,643

  Retail

  $1,028,088

Location Insight

City

Jackson

County

Rankin

State

Mississippi

Latitude

32.3412

Longitude

-90.0789

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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