132 Riverview DrPearl, MS 39208

Property Details for 132 Riverview Dr

Year built

2006

Lot size

1.07 AC

Property size (Sq ft)

14,048 SF

Property type

Office properties

Property subtype

Office buildings

APN

E10J000001 00070

APU

E10J00000100070

Description

This exceptional single-tenant office space at 132 Riverview Drive in Flowood, Mississippi, offers 1,940 square feet of usable area, perfect for a variety of businesses. Located in Rankin County, zip code 39208, this traditional office space boasts a convenient location with easy access to Lakeland Drive via a red light. The property features two restrooms and a pleasant patio area, adding to its appeal. The building is a single-tenant occupancy, providing privacy and control. The lease terms are straightforward, with the tenant responsible for utilities and janitorial services. The asking rate is $15.50 per square foot. This property presents a fantastic opportunity for a business seeking a well-maintained, conveniently located office space in a desirable area of Pearl, Mississippi. The address is 132 Riverview Drive, Flowood, MS 39208. The property's geographic coordinates are latitude 32.3220478 and longitude -90.102718. This is a traditional office space suitable for executive offices as well. The total building square footage is 1,940 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $2,354,783

  6.5%

  $2,173,646

  7%

  $2,018,386

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,071,594

  Geo Method

  $2,740,203

• Alternative Use

  Use

  Valuation

  Residential

  $2,695,321

  Hospitality

  $2,468,900

  Educational

  $2,054,095

  Medical

  $2,124,739

  Retail

  $3,195,260

Location Insight

City

Flowood

County

Rankin

State

Mississippi

Latitude

32.3287

Longitude

-90.1284

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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