644 Lakeland DrFlowood, MS 39232

Property Details for 644 Lakeland Dr

Year built

1978

Property size (Sq ft)

3,740 SF

Property type

Office properties

Property subtype

Office buildings

APN

F10N000002 00150

APU

F10N00000200150

Description

This single-story, 7,154 square foot office building located at 644 Lakeland E Dr, Flowood, MS 39232, offers a fantastic opportunity for businesses seeking a well-maintained space in a prime location. Built in 1978 and extensively renovated in 2022, the property boasts a modern interior while retaining the character of a well-established business address. The building is situated in Rankin County, offering convenient access to Lakeland Drive and its surrounding amenities. Currently, 860 square feet of traditional office space is available for lease within this single-tenant building. The flexible layout allows for customization to suit various business needs. This property presents a unique blend of established presence and contemporary updates, making it an ideal choice for companies seeking a strategic and polished location in Flowood, Mississippi. The property's convenient location and recent renovations ensure a comfortable and efficient work environment for employees and clients alike. The address is easily accessible, providing a strong first impression for any business.

• CAP approach

  CAP return

  Valuation

  6%

  $626,914

  6.5%

  $578,690

  7%

  $537,355

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,291

  Geo Method

  $729,524

• Alternative Use

  Use

  Valuation

  Residential

  $717,576

  Hospitality

  $657,295

  Educational

  $546,862

  Medical

  $565,669

  Retail

  $850,674

Location Insight

City

Flowood

County

Rankin

State

Mississippi

Latitude

32.3345

Longitude

-90.0951

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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