1018 N Flowood Dr
Flowood, MS 39232
1018-B North Flowood Drive Flowood, MS · Flex Property For Sale
PROPERTY FACTS
Property Type | Flex |
Property Subtype | Showroom |
Building Class | C |
Lot Size | 1.00 AC |
Rentable Building Area | 33,750 SF |
No. Stories | 2 |
Year Built | 1973 |
Parking Ratio | 2.49/1,000 SF |
About 1018 N Flowood Dr , Flowood, MS 39232
Building #1 225 ft. Long x 40 ft. deep—9,000 SF Downstairs 75% Leased—2,200 SF Vacant 5,800 SF upstairs—100% Vacant Rents should be at lease 50% higher Building #2 4,000 SF—has 3 offices, restroom and the rest is warehouse Tenant has been there 30 years Should rent for $24,000 per / year minimum Gross Income Building #1—$49,800 Building #2—$18,600 Sales Prices: Building #1 — $300,000 Building #2— $150,000 Rents are very low compared to similar properties in Rankin County. With increase in rents and filling some vacancy, the property has a tremendous upside potential. Legal Description Part of Lot 17 & 13 ft. off Northside of Lot 18, Airport Commercial Park 2017 Property Taxes: $7,980.00 Rankin County Tax Assessor Valuation—- $497,100
PROPERTY TAXES
Parcel Number | F10I-000005-00180 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $36,965 |
zoning
Zoning Code | C2 |
Listing ID: 9774427
Date on Market: 10/27/2017
Last Updated:
Address: 1018 N Flowood Dr, Flowood, MS 39232
The Flex Property at 1018 N Flowood Dr, Flowood, MS 39232 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.