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    FOR SALE
    Office buildings

    2246 Flowood Dr, Flowood, MS 39232

    3,211 SF 6.35 ac lot Built 1978
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US50-0179956
    Property summary
    AI-generated overview

    Exceptional commercial land investment opportunity in Flowood, Mississippi, totaling 6.352 acres and priced at $960,000 ($3.46/SF). This C-3 zoned property boasts a highly visible location at the signalized intersection of Flowood Drive and the future Tree Tops Blvd extension, providing easy access to major thoroughfares including Lakeland Drive (51,000 VPD), Highway 80 (20,000 VPD), Highway 49 (52,000 VPD), and Interstate 20 (77,000 VPD). The site benefits from prior site preparation, including clearing and some earthwork, and includes existing improvements consisting of a 3,190 square foot office building and a 5,500+ square foot metal warehouse. Its strategic location offers proximity to Jackson Airport, medical facilities, industrial parks, and a variety of retail and restaurant establishments. This property presents a unique development opportunity in a thriving commercial corridor. The address is 2246 Flowood Dr, Flowood, MS 39232.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1978
    Total area 3,211 SF
    Lot 6.35 ac (276,606 SF)
    APN E10G000001 00000
    UPID US50-0179956
    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
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Reliable Rental Equipment LLC · 2 yrs held
    Reliable Rental Equipment LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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