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5076 Lakeland Drive, Flowood, MS 39232
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$3,500,000
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Home Details for 5076 Lakeland Drive
Price
$3,500,000
Type
Commercial/Industrial
Year Build
2019
Lot Size
2.89
County
Rankin
Tax
$25,452
MLS®️ Listing#
4125360
On exitrealty.com
127 days
Property 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
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Listing Courtesy: Real Broker - 228-471-5211. Presented by: Jeff Hadley
IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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EXIT NEW DOOR REALTY
207 W. Jackson Street, Suite 201, Ridgeland, MS 39157
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$3,500,000
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EXIT NEW DOOR REALTY
207 W. Jackson Street, Suite 201, Ridgeland, MS 39157