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Property profile & analytics
OFF-MARKET
Strip malls

901 Lakeland Pl Flowood, MS 39232-6633

28,978 SF 3.84 ac lot Built 2005
Entity Owned 11-yr Hold Free & Clear
Property ID
US50-0081757
Property summary
AI-generated overview

Flowood Plaza presents a compelling retail investment opportunity in a thriving Mississippi location. This 27,882 square foot Walmart shadow center boasts a prime position near the intersection of Interstates 55 and 20, ensuring exceptional visibility and accessibility. The center is anchored by a high-performing Walmart supercenter, attracting 2.5 million annual visitors from Flowood and neighboring communities. This shared entrance with Walmart guarantees a consistent flow of potential customers for your business. Currently, 3,556 square feet of retail space is available for lease, offering multiple tenancy options. The plaza benefits from excellent co-tenancy with established businesses including Aldi, Tidal Wave Auto Spa, and 7 Brew Coffee, further enhancing its appeal and attracting a diverse customer base. This strategic location, coupled with the high foot traffic generated by the Walmart anchor and surrounding developments, makes Flowood Plaza an ideal location for a variety of retail businesses, healthcare services, or restaurants seeking a high-visibility, high-traffic environment. The property's strong performance and strategic location make it a promising investment opportunity with significant potential for growth and return.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 28,978 SF
Lot 3.84 ac (167,270 SF)
APN H11 000030 00060
UPID US50-0081757
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nhk LLC · 11 yrs held
Nhk LLC
since 2014
2 recorded transactions
2014
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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