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About This Home

This 0-bedroom, 0-bathroom commercial at 5076 Lakeland Drive in Flowood, MS is listed for $3,500,000 ($350 per sqft). Built in 2019, the home offers 10,000 sqft of living space on a 2.89 acres lot.

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 +/-4,007SF freestanding IHOP restaurant alongside a +/-6,000SF threeunit retail center, all built in 2019 with separate utilities and highclear ceilings.

Together they offer +/-10,007SF of space on +/-2.88acres, 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 fastestgrowing counties and Lakeland Drive is its lifeline.

The highway carries around 45K vehicles per day and recent retail investment comps along the corridor report 32K-47K cars daily. That traffic brings steady customers to the area's dense mix of national brands-nearby you'll find Target, Walmart, BestBuy, Kroger, Lowe's and more.

The fivemile trade area is home to roughly 56K-58K residents and 33K employees, with average household incomes over $113K. 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 longterm cashflow 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

Key Features

  • Built in 2019
  • 2.89 acre lot

Property Details

2019

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

5076 Lakeland Drive

Flowood, MS 39232

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5076 Lakeland Drive is listed at $3,500,000 ($350/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: Built in 2019, 2.89 acre lot.

This property is listed by Jeff Hadley and can be reached at 6019515318 or jeff@jeffhadley.com.

JH

Jeff Hadley

Agent at Real Broker

(601) 951-5318

Listed by Real Broker

MLS# 4125360· Source: listhub· Updated 263 days ago

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5076 Lakeland Drive, Flowood, MS 39232

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