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Property profile & analytics
FOR LEASE
Strip malls

4800 Lakeland Dr Flowood, MS 39232

18,096 SF 2.17 ac lot Built 2001
Individually Owned 11-yr Hold Free & Clear
Property ID
US50-0040403
Property summary
AI-generated overview

This exceptional 3,198 square foot shopping center, located at 4800 Lakeland Drive in Flowood, Mississippi (zip code 39232), presents a unique opportunity for businesses seeking high-visibility retail or office space. Built in 2001, this Class B property offers a single-story building with ample parking (2.08 spaces per 1,000 square feet). The entire 3,198 square feet is currently vacant and available for lease, with a minimum divisible space of 2,000 square feet. The property boasts excellent visibility and accessibility from Lakeland Drive and Liberty Road, experiencing high daily traffic volume of approximately 42,000 cars. Building signage is available, and the property features convenient front door parking. This location is ideal for a variety of uses, including retail, professional offices, or medical practices. The property's address is easily accessible from cross streets including Ridge Way. This is a rare opportunity to secure a prominent location in a high-traffic area of Flowood. Contact us today to learn more about leasing this exceptional space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 18,096 SF
Lot 2.17 ac (94,525 SF)
APN F10Q000007 00010
UPID US50-0040403
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
$633k
Blend (final) Blend
$635k
Owner & transaction history
Northwood Village Apartments L · 11 yrs held
Northwood Village Apartments L
since 2014
2 recorded transactions
2014
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $885,000 +79.7%
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
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