108 Layfair Dr Flowood, MS 39232-9782
This exceptional 4,552 square foot flex space in Flowood offers a unique blend of functionality and prime location. The single-tenant building, constructed in 1989, sits on a 0.52-acre lot with 105 feet of frontage. The building boasts approximately 1,500 square feet of ADA-compliant showroom/office space, perfect for client interaction and administrative needs. An additional 1,500 square feet is dedicated to workshop space, ideal for various operational tasks. The remaining 1,500 square feet comprises a spacious warehouse area, featuring 12-foot roll-up doors at either end and impressive ceiling heights ranging from 17 to 20 feet. This allows for efficient storage and handling of goods. The building is exceptionally clean and in excellent condition, reflecting meticulous maintenance. Its location is a key advantage, situated less than a block from Lakeland Drive, ensuring easy accessibility. This strategic positioning will be further enhanced by the future completion of the Treetops extension, providing convenient access to I-20. The previous tenant's departure was solely due to outgrowing the space, a testament to its suitability for expanding businesses. The property includes five loading docks and fourteen total parking spaces. This versatile property presents a rare opportunity for businesses seeking a well-maintained, conveniently located flex space in a thriving area.
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
Similar Nearby for Lease
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.