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4151-4159 Northview Dr 24,950 SF 76% Leased Retail Building Jackson, MS 39206 $795,000 ($31.86/SF) 11.28% Cap Rate
Executive Summary
Light Industrial zoned property consists of a 10,000 sq ft warehouse fully leased, small 1,200 sq ft warehouse currently used as storage, a 3,750 sq ft strip with all 5 suites occupied, a 2,000 free standing former restaurant/bar currently vacant and a 8,000 square ft strip with 4 of 5 units leased. All 5 buildings well maintained and situated near an active growth area between Meadowbrook and Northside Drive just west of State Street.
Financial Summary (Actual - 2023) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Retail
Building Size
24,950 SF
Building Class
C
Year Built
1958
Price
$795,000
Price Per SF
$31.86
Cap Rate
11.28%
NOI
$89,676
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
1.58 AC
Zoning
light industrial - Light Industrial
Parking
26 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
138’ on Northview Dr
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Free standing building within the Northview Plaza shopping center. Open floorplan, could be used as storage or converted into a great shop or studio space.
Call
- Space 1
- 1,600 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,500 SF | Industrial | - | Now |
| D | 750 SF | Retail | - | 30 Days |
| Space 1 | 1,600 SF | Retail | - | Now |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
D
| Size |
| 750 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Space 1
| Size |
| 1,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,500 SF |
| Space Use | Industrial |
| Position | - |
| Available | Now |
Free standing building within the Northview Plaza shopping center. Open floorplan, could be used as storage or converted into a great shop or studio space.
D
| Size | 750 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Call
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0430-0060-001 | Total Assessment | $47,410 (2025) |
| Land Assessment | $22,220 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $25,190 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
0430-0060-001
Land Assessment
$22,220 (2025)
Improvements Assessment
$25,190 (2025)
Total Assessment
$47,410 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
4151-4159 Northview Dr