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Property profile & analytics
OFF-MARKET Estimated value $5,470,000
Retail space

210 Promenade Blvd Flowood, MS 39232-8026

43,433 SF 0.95 ac lot Built 2018
Entity Owned 9-yr Hold Free & Clear
Property ID
US50-0687866
Property summary
AI-generated overview

This exceptional commercial land parcel presents a unique investment opportunity in the thriving Flowood, Mississippi market. Located at 210 Promenade Blvd, this property offers unparalleled visibility and accessibility, situated at the corner of Lakeland Drive and East Metro Parkway. The site is an outparcel to a Target and Ashley Furniture, benefiting from the significant traffic generated by these established national retailers. The surrounding area boasts a strong tenant mix, including Belk, TJ Maxx, HomeGoods, and Old Navy, ensuring a consistent flow of potential customers. This prime location is further enhanced by its proximity to Waterpointe, a new residential development adding 500 homes, creating a substantial increase in the local population and consumer base. The property's strategic position also places it conveniently close to Jackson International Airport, two hospitals, and Jackson Preparatory High School, contributing to its high-traffic location and diverse demographic reach. The property is classified as commercial land in Rankin County, Mississippi, with a zip code of 39232. This presents a rare chance to develop a retail or restaurant establishment in a high-demand area with exceptional growth potential. The coordinates are 32.3441285 latitude and -90.0569424 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2018
Total area 43,433 SF
Lot 0.95 ac (41,382 SF)
APN G11B000002 00030
UPID US50-0687866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.47M
Blend (final) Blend
$5.47M
Owner & transaction history
A & B Holdings LLC · 9 yrs held
A & B Holdings LLC
since 2017
2 recorded transactions
2017
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.9M +31.9%
Commercial (general) $3.8M +2.5%
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