1080 River Oaks DrFlowood, MS 39232

Property Details for 1080 River Oaks Dr

Year built

1982

Lot size

5.97 AC

Property size (Sq ft)

30,451 SF

Property type

Office properties

Property subtype

Office buildings

APN

F10I000028 00000

APU

F10I00002800000

Description

This exceptional office property, located at 1080 River Oaks Drive in Flowood, Mississippi, offers 72,389 square feet of space in a two-building complex. Built in 1981, the property is situated in Rankin County, zip code 39232, and provides convenient access to Interstate 55, Jackson International Airport, River Oaks Hospital, and a variety of restaurants, shops, and banks. Currently, there are four available office spaces ranging from 1,240 to 12,000 square feet, making it suitable for businesses of various sizes. The property boasts on-site management, engineering, and janitorial services, ensuring a well-maintained and efficient work environment. 24/7 security and keycard access provide peace of mind. The property's location directly across from Jackson Preparatory School adds to its appeal. A total of 2,447 square feet is currently vacant within the 72,389 square foot complex. This is a multi-tenant building offering traditional and executive office space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,104,321

  6.5%

  $4,711,681

  7%

  $4,375,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,322,829

  Geo Method

  $5,939,772

• Alternative Use

  Use

  Valuation

  Residential

  $5,842,484

  Hospitality

  $5,351,684

  Educational

  $4,452,538

  Medical

  $4,605,668

  Retail

  $6,926,171

Location Insight

City

Flowood

County

Rankin

State

Mississippi

Latitude

32.3307

Longitude

-90.1068

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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