www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33836598
33836599

2104 Raymond Road, Jackson, MS 39212

$1,200,000
1 day on market
Updated 1 day ago
Opportunity zone

2104 Raymond Road

Details
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 8,000
Cap Rate 7.00%
NOI $110,160
Tenancy Vacant
Pro-Forma NOI $110,160
Price per SqFt $150
Class B
Stories 2
Investment Type Value Add
Ground Lease No

Retail | 7.00% CAP | 8,000 SqFt

Marketing description

2104 Raymond Road, Jackson, Mississippi 39212. The property is a fully renovated, two-story commercial building. The building includes four large retail spaces perfect for national retail chains. The property also includes a professional office suite with a two-story foyer, multiple offices, and a conference area, perfect for a service business. Finally, on the second level, there is a huge open space with two executive offices overlooking the foyer. The full renovation includes, but is not limited to, a new roof, new windows and doors, a full interior renovation, including interior paint, hardware, electrical rewiring and fixtures, laminate flooring, and new high-efficiency HVAC systems. The city of Jackson, Mississippi, is home to a thriving downtown and many top-rated universities. There is a limited supply and high demand for affordable apartments located in gated, guarded communities.

Investment highlights

  • Fully renovated, two-story commercial building
  • Four large retail spaces perfect for national retail chains
  • Professional office suite with a two-story foyer, multiple offices, and a conference area
  • Huge open space on second level with two executive offices overlooking the foyer
  • New roof
  • New windows and doors
  • Full interior renovation including interior paint, hardware, electrical rewiring and fixtures
  • Laminate flooring
  • New high-efficiency HVAC systems
  • High-visibility, 8,000 SF commercial outparcel
  • Located at the heart of the South Jackson retail corridor
  • 95% complete
  • Most modern and move-in ready commercial structure in the immediate vicinity
  • Market value: $1,600,000 after rent up
  • Offered at $1,200,000 (75% of stabilized value)
  • Estimated annual net income: $110,160
  • 7% capitalization rate
  • Cost to build new property would exceed $2,000,000
  • Primary outparcel location
  • Will be fully occupied within thirty days due to overwhelming market demand

Listing Contacts

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,160.00
$9,180.00/mo

Valuation Metrics

0
DSCR
9.18%
Cap Rate
9.18%
ROI

Map

Zoning

Intelligence Badge
C-2 CommercialSpecial CommercialLimited Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 38 uses
View all 38 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591