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118 Byram Pky S 3,520 SF 76% Leased Office Building Jackson, MS 39272 $375,000 ($106.53/SF) 4.10% Cap Rate
Executive Summary
Great opportunity for Owner/Occupant investment. Both buildings available to be sold as a package preferably. Owner has 900 sq ft space for lease, $850/mnth modified gross, in building #18, or purchase both and take over current owner's location in 112 on ground floor. Growing area in Byram off of bustling Siwell road, great location!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,520 SF
Building Class
B
Year Built
2003
Price
$375,000
Price Per SF
$106.53
Cap Rate
4.10%
NOI
$15,366
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,760 SF
Building FAR
0.34
Lot Size
0.24 AC
Zoning
Commercial
Parking
15 Spaces (4.26 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
Allstate Corporation began in 1931 as part of Sears Roebuck and became fully independent in 1995. The company offers various insurance products spanning personal and commercial needs. Allstate provides auto, homeowners, renters, and life insurance policies through multiple channels. Their business segments include property-liability coverage and supplemental insurance services. Allstate has expanded into digital tools and connected home/auto solutions while maintaining traditional insurance products.
- ARX Point Realty
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| ARX Point Realty | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 900 SF | Office | - | Now |
2nd Floor
| Size |
| 900 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 900 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 4851-0269-017 | Improvements Assessment | $79,527 (2025) |
| Land Assessment | $10,781 (2025) | Total Assessment | $90,308 (2025) |
Property Taxes
Parcel Number
4851-0269-017
Land Assessment
$10,781 (2025)
Improvements Assessment
$79,527 (2025)
Total Assessment
$90,308 (2025)
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
118 Byram Pky S
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