5440 Executive Place, Jackson, MS 39206
New Listing
$550,000
Property Type:
Commercial Sale
Square Footage:
7,739
Lot Size (sq. ft.):
19,166
Status:
Active
Current Price:
$550,000
List Date:
8/25/2026
Last Modified:
8/25/2026
Overview
Description
Listing Details MLS# 4160362
General Property Information
- Approx Lot Size Acres
- 0.44
- Approx H/C SqFt
- 7739
- SqFt Source
- Owner
- List Price/SqFt
- 71.07
- Year Built Known
- Yes
- Year Built
- 1982
- Year Built Source
- Owner
- Total Floors
- 2
- Accessibility Features
- No
- Property Sub Type
- Mixed Use
- New Construction
- No
Property Features
Business Type:
Accounting; Advertising; Aquarium Supplies; Barber/Beauty; Decorator; Electronics; General Business; Photographer; Professional Service; Professional/Office
Current Use:
Commercial
Location:
Freestanding
Levels:
Two
Square Footage Description:
Ofc. Bldg 5000-10000 SF; Retail Bldg Over 5000 SF
Address and Location Information
- Street Number
- 5440
- Street Name
- Executive
- Street Suffix
- Place
- County
- Hinds
- State
- MS
- Zip Code
- 39206
- Parcel Number
- 504812
- Subdivision
- Metes And Bounds
- Community Of
- N/A
Listing Information
- Property Sub Type
- Mixed Use
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 6789
- Tax Year
- 2015
- Flood Insurance Required?
- Subject to Survey
- Leasehold Y/N
- No
- Legal Description
- UNIT A B C & D OF EXECUTIVE PLACE PATIO OFFICES CONDOMINIUMS PT 1 IN S 1/2 SEC 12 T6N R1E & 100% INT IN COMMON AREA AS DESC IN CONDOMINIUM BOOK 1 PG 255
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Parking Spaces
- # Parking Spaces Uncovered
- 27
Location
- Freestanding
- Yes
Remarks & Miscellaneous
- Public Remarks
- This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with tenants on month-to-month leases, providing flexibility for rent adjustments or lease restructuring. Carefully maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors. With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.
Current Use
- Commercial
- Yes
Income & Expenses
- Annual Electric Expense
- 10300
- Annual Insurance Expense
- 5830
- Annual Maintenance Expense
- 4200
- Annual Net Income
- 67964
- Annual Operating Expenses
- 10512
- Annual Water/Sewer Expense
- 1400
- Gross Operating Income
- 105480
- Vacancy Factor
- 5.0%
Business Type
- Accounting
- Yes
- Advertising
- Yes
- Aquarium Supplies
- Yes
- Barber/Beauty
- Yes
- Decorator
- Yes
- Electronics
- Yes
- General Business
- Yes
- Photographer
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
Levels
- Two
- Yes
Square Footage Description
- Ofc. Bldg 5000-10000 SF
- Yes
- Retail Bldg Over 5000 SF
- Yes
Uncovered Parking?
- 26-50 Spaces
- Yes
Listing Office:
JDJ Realty
Listing Agent:
Kim Bobbitt
Last Updated: August - 25 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.