# 5076 Lakeland Drive, Flowood, MS 39232

> **TL;DR:** commercial, $3,500,000 ($350/sqft), built 2019, 10,000 sqft. Est. $15,167/mo. Listed 263 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,500,000 |
| Price/sqft | $350 |
| Square Feet | 10,000 |
| Year Built | 2019 |
| Lot Size | 125,888 sqft (2.89 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 263 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $15,167 |
| **Total** | **$15,167** |

## Property Highlights

- Built in 2019
- 2.89 acre lot

## Description

### 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

## Location

- **Address:** 5076 Lakeland Drive, Flowood, MS 39232
- **County:** Rankin
- **Coordinates:** 32.345138, -90.051937
- **Google Maps:** https://www.google.com/maps?q=32.345138,-90.051937

## Listing Agent

- **Name:** Jeff Hadley
- **Brokerage:** Real Broker
- **Phone:** 6019515318
- **Email:** jeff@jeffhadley.com

## Primary Photo

![5076 Lakeland Drive - Primary Photo](http://lh.rdcpix.com/de36ab2120e548c2e6694ed3b5a5fca5l-f3570900875r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/5076-lakeland-drive-flowood-ms-39232-4125360)*

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**MLS#:** 4125360 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5076-lakeland-drive-flowood-ms-39232-4125360)

---

## Structured Data

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