Property profile

200 Park Circle Dr Flowood, MS 39232

FOR LEASE
Office buildings
Property ID
US50-0022362
20,912 SF 1 ac lot Built 1978
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional two-story medical office building, located at 200 Park Cir Dr in Flowood, Mississippi, presents a fantastic opportunity. Completely renovated in 2023, this single building property offers 2,500 square feet of readily available space, perfect for a variety of medical practices. Situated in Rankin County, with easy access to major transportation routes, this property boasts a prime location within the thriving Flowood community. The building's modern design and recent renovation ensure a comfortable and efficient workspace for both staff and patients. The multiple tenancy structure allows for flexibility in leasing arrangements, catering to the needs of expanding or consolidating medical practices. The property's convenient location and modern amenities make it an ideal choice for medical professionals seeking a high-quality, well-maintained space to establish or expand their practice. With its strategic location and recent upgrades, this property offers a unique blend of functionality and aesthetic appeal, making it a highly desirable investment in the flourishing Flowood medical market. The zip code is 39232. This is a single building, two-story structure. The property type is office, specifically a medical office.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1978
Total area 20,912 SF
Lot 1 ac (43,560 SF)
APN E10K000007 00020
UPID US50-0022362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Charitable Organization Social Service Agency
  • Medical Clinic
  • Physician
  • Gym & Fitness Center

Location

200 Park Circle Dr Flowood, MS 39232
Flowood metro Census 20304 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k

Owner & transaction history

since 2023
Last sale
$900,000
2 recorded transactions
2023
Price N/A
2007
$900,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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