3900 Lakeland DrFlowood, MS 39232
- Office properties
- 9,416 SF
Property Details for 3900 Lakeland Dr
- Year built
- 1993
- Property size (Sq ft)
- 9,416 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- F10N000002 00010
- APU
- F10N00000200010
Description
This Flowood, MS office property, located at 3900 Lakeland Drive, offers 1,061 square feet of immediately available space in a three-building complex. The property, built in 1988, is a Class B, two-story building totaling 30,000 square feet. The individual suite is part of a larger space that can be combined or divided to meet various tenant needs. The complex features two elevators for convenient access to all floors. Situated on 0.67 acres of land, the property boasts ample covered parking for tenants and guests. The landscaping complements the architectural design, creating a professional and attractive environment. The property's location in the Jackson submarket of Rankin County, Mississippi (zip code 39232), provides convenient access to local amenities and transportation routes. The property is a traditional office building with multiple tenants. The minimum divisible space is 1,061 square feet, and the maximum contiguous space available is also 1,061 square feet. The APN is F10N-000002-00020.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,578,348
- 6.5%
- $1,456,937
- 7%
- $1,352,870
-
Comparable approach
- Method
- Valuation
- Relative Method
- $718,261
- Geo Method
- $1,836,685
-
Alternative Use
- Use
- Valuation
- Residential
- $1,806,602
- Hospitality
- $1,654,838
- Educational
- $1,376,805
- Medical
- $1,424,156
- Retail
- $2,141,697
Location Insight
- City
- Flowood
- County
- Rankin
- State
- Mississippi
- Latitude
- 32.3346
- Longitude
- -90.0967
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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