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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

zoning

Zoning Code C2
  • Listing ID: 9774427

  • Date on Market: 10/27/2017

  • Last Updated:

  • Address: 1018 N Flowood Dr, Flowood, MS 39232