901 Lakeland Pl Flowood, MS 39232-6633
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.