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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

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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!

Attachments

Brochure

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
Office
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 Insurance operates through a nationwide network of exclusive agents that provide insurance products backed by The Allstate Corporation. The Celebration, Florida office is operated by an independent Allstate agent and serves individuals and small businesses seeking personal and commercial insurance coverage. The agency offers insurance products that include auto, homeowners, renters, condominium, life, and small-business policies. The Allstate Corporation was founded in 1931 and is a publicly traded insurance company listed on the New York Stock Exchange (NYSE: ALL). Headquartered in Northbrook, Illinois, Allstate is one of the largest personal-lines insurance providers in the United States. Its business model combines corporate underwriting and brand oversight with locally operated agency offices that manage customer relationships and policy sales. The Celebration office functions as a customer-facing retail insurance location and operates within professional office space. The agency is locally managed while adhering to Allstate’s national operating standards, compliance requirements, and technological platforms. Allstate Insurance remains publicly held and continues to expand its distribution through exclusive agencies across the United States.

  • 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
  • 2nd Floor
  • 900 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
2nd Floor 900 SF Office - Now

2nd Floor

Size
900 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size 900 SF
Space Use Office
Condition -
Available Now

Property Taxes

Property Taxes

Parcel Number
4851-0269-017
Land Assessment
$10,781 (2025)
Improvements Assessment
$76,391 (2025)
Total Assessment
$87,172 (2025)
  • Listing ID: 37277789

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 118 Byram Pky S, Jackson, MS 39272

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