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3010 Lakeland Cv Flowood, MS 39232

Investment properties Google Maps
75,531 SF 5.69 ac lot Built 1989
Individually Owned 7-yr Hold Free & Clear
Estimated value (blended)
$900k
Range $810k – $990k (±10%)
Property ID US50-0162046

Property summary

AI-generated overview

East Pointe Business Park offers 74,500 square feet of flexible industrial space in Flowood, Mississippi. Located at 3010 Lakeland Cove, zip code 39232, this single-story, Class B building was constructed in 1986. The property features a concrete block structure and offers multiple tenancy options, with three spaces currently available, ranging from 1,389 to 6,526 square feet. The building is a mixed-use development, suitable for office, showroom, and warehouse needs. It boasts dock-high loading capabilities, making it ideal for businesses requiring efficient loading and unloading. The property is situated in Rankin County, Mississippi, and features flexible layouts to accommodate a variety of business requirements. This established complex houses over 25 diverse businesses, providing a strong sense of community and established infrastructure. The property's APN is E10K000001 00030. No elevators are present in this single-story building. Interested parties should inquire about available suite sizes and lease terms.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1989
Total area 75,531 SF
Lot 5.69 ac (247,856 SF)
APN E10K000001 00030
UPID US50-0162046

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
  • Hardware & Home Improvement HVAC Service
  • (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice Spa & Massage Center
  • Law Firm
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.05M
Blend (final) Blend
$900k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $8.6M +28.7%

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
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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
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