5076 Lakeland Dr, Flowood, MS

Real Estate

For Sale

Listed price in listed location currency (USD).

$3,500,000

000

MLS® 4125360

Overview

Key Facts

Type Retail

Levels Commercial Sale

Size 10000 sqft

Garage No

Maintenance Fees

Taxes $25,452

Days Active 162

Approx. Age 2019

Avg. Price Per Sqft $350

MLS® Number 4125360

Property Address: 5076 Lakeland Dr, Flowood, MS, 39232-8900

Average square foot calculated using Size range provided by listing agent.

Description

Positioned right on Lakeland Drive, this is a rare chance to own two modern commercial buildings in one of Flowood's most visible corridors. The property includes a +/- 4, 007‑SF freestanding IHOP restaurant alongside a +/- 6, 000‑SF three‑unit retail center, all built in 2019 with separate utilities and high‑clear ceilings. Together they offer +/- 10, 007 SF of space on +/- 2.88 acres, with the flexibility to hold as one investment or sell the pieces separately down the road.Flowood sits in Rankin County, one of Mississippi's fastest‑growing counties and Lakeland Drive is its lifeline. The highway carries around 45 K vehicles per day and recent retail investment comps along the corridor report 32 K-47 K cars daily. That traffic brings steady customers to the area's dense mix of national brands--nearby you'll find Target, Walmart, Best Buy, Kroger, Lowe's and more. The five‑mile trade area is home to roughly 56 K-58 K residents and 33 K employees, with average household incomes over $113 K. In short, this is a prime retail node with strong demographics and high visibility.Whether you're completing a 1031 exchange or looking for a long‑term cash‑flow asset, this property offers a lot of upside. Two distinct buildings give you multiple exit strategies and potential for individual dispositions. Properties with this kind of exposure and flexibility don't come up often--call for the rent roll and full details

MLS® Number4125360

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2019

Stories1

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 11, 2025List Date

$3,500,000List Price

Map

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