Income Producing Industrial Property - Flowood, Mississippi

For Sale

38 Old Highway 49 S, Flowood, MS 39208

This Flowood property for sale is located at 38 Old Highway 49 S. The current listed sale price for Income Producing Industrial Property - Flowood, Mississippi is $1,311,315. Income Producing Industrial Property - Flowood, Mississippi is situated on a lot that is 1.68 acre in size.

Contacts

broker
Tommy Payne

Payne Realty

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 11,656 SF
  • Lot Size 1.68 Acre
  • Property Tenancy Single Tenant
  • Year Built 1981
  • Year Renovated 2023
  • Date Updated Jun 13, 2025
  • Office Area 4,058 SF
  • HVAC None
Taking the Flowood exit off of I-55, head North on Highway 49/Flowood Drive, cross Highway 80 and take a left on Old Brandon Road. Take your left at Old Hwy 49 and property will be on your left before the bridge overpass.Located in Flowood, Mississippi with easy accessibility to Highway(s) 49, 80, and Interstate 55 - Payne Realty is offering for sale this triple net leased investment opportunity. This property is currently leased to a credit tenant who is currently has roughly 21 months remaining on their lease agreement. The lease is a triple net lease with the tenant incurring costs of all operating expenses, there are very few landlord responsibilities that are detailed in the lease agreement. The property consists of a +/- 4,058 square foot, fully renovated office building as well as a +/- 7,598 square foot office warehouse building all on +/- 1.68 acres (including lay down yard space). The property is fully fenced with electric gate access. Priced at $1,311,315 this reflects a 7.75% cap rate on the in-place income. Please call our office for more information on this opportunity. All information is from sources considered reliable; it is not guaranteed by the real estate brokerage.
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Highlights

  • +/- 11,656 SF on +/- 1.68 acres (Zoned C-3)
  • Great access to highway(s) 49, 80 and I-55
  • NNN investment opportunity in Rankin County

Getting around

  • 12/100

    Walk Score ®

  • 23/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Flowood, MS
  • Neighborhood Flowood
  • Zip Code 39208
  • Market Jackson

Points of Interest

  • QuikTrip

    0.55 miles

  • Tesla Supercharger

    0.97 miles

  • Sam's Club2

    1.30 miles

  • Valero

    1.65 miles

  • Marathon

    1.72 miles

  • Shell

    1.95 miles

  • Texaco

    1.98 miles

  • RaceWay

    3.37 miles

  • Fill Up

    3.49 miles

  • Blue Beacon

    1.79 miles

  • Shell

    3.69 miles

  • Enterprise

    3.83 miles

  • 49 Express Car Wash

    4.28 miles

  • Brandon 5 Minute Express

    7.67 miles

  • 5 Minute Express Car Wash

    9.79 miles

  • Hal and Mal's

    1.45 miles

  • The Juicy Seafood

    1.45 miles

  • Martin's Downtown

    1.47 miles

  • Ichiban Asian Bistro

    1.56 miles

  • McDonald's

    1.60 miles

  • Logan's Roadhouse

    1.62 miles

  • Waffle House

    1.63 miles

  • Shoney's

    1.64 miles

  • Whataburger

    1.64 miles

  • Arby's

    1.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tommy Payne

Payne Realty

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