101 Promenade Blvd Flowood, MS 39232-8018
This 4,000 square foot former restaurant building presents a unique opportunity in Flowood, Mississippi. Situated on a highly visible 1.1-acre corner lot at the intersection of Lakeland Drive (36,000 cars per day) and Old Fannin Road (20,000 cars per day), this property boasts exceptional traffic counts and exposure. The building's previous use as a restaurant provides a solid foundation for a variety of food service or retail concepts. Its prime location offers easy access and high visibility to a substantial customer base. The property is conveniently located near the Waterpointe mixed-use development, comprising 180 residential units, ensuring a consistent flow of potential customers. Furthermore, its proximity to Jackson International Airport, Jackson Prep High School, and area hospitals adds to its strategic appeal. The address is 101 Promenade Blvd, Flowood, MS 39232. This single-tenant retail space is ready for immediate occupancy and offers significant potential for a savvy investor or business owner seeking a high-traffic location in a thriving community. The property is classified as a retail space, specifically a former restaurant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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
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.