Flowood, MS 39232 · Rankin County
$2,150,000
$151.41 per sq ft
[DEMO] Six-bay strip centre on Lakeland Drive with roughly 31,000 vehicles a day at the front door. Fully leased, NNN, 8.10% cap on $174,150 NOI. One bay rolls in fourteen months, which is where the upside and the risk both sit.
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The school district from Census TIGER, the tax and assessment record, the neighbourhood picture, and a live FEMA flood determination — each under its own tab. Anything we have not verified is marked as such, with where to get it.
School assignment can change year to year. Verify with the district, not with a listing.
Flood
FIRM panel 28121C0179G · effective Aug 15, 2022
FEMA maps this location as shaded Zone X — the 0.2%-annual-chance floodplain, sometimes called the 500-year floodplain. This is not a Special Flood Hazard Area, so no lender requires flood insurance here. The exposure is still real, and a standard homeowners policy does not cover flood in any zone.
FEMA draws a Flood Insurance Rate Map (FIRM) for each county and divides it into zones. The zone answers one question: how likely is this ground to flood in a given year.
Two things surprise buyers. First, the zone decides whether flood insurance is required, not what it costs — under Risk Rating 2.0, NFIP pricing comes from the building itself: distance to water, foundation, first-floor height, replacement cost. Second, maps change. A property can be mapped into a high-risk zone mid-loan, and a Letter of Map Amendment can take an individual structure back out of one.
Whatever the map says, a standard homeowners policy does not cover flood anywhere in Mississippi. Flood is always a separate policy.
This is an advisory flood-zone lookup drawn from FEMA's National Flood Hazard Layer as shown on the FIRM panel effective Aug 15, 2022. It is not a flood determination of record, not an insurance quote, and not a substitute for an elevation certificate or the flood determination your lender will order. FEMA revises flood maps; verify the current panel before you rely on it.
Outside downtown Jackson, most of this market is car-dependent and these scores say little. Drive the commute at the hour you would actually drive it.
We will pull the parcel record, the current tax bill, the association documents and a flood quote for 2465 Lakeland Dr, Flowood, MS 39232 and send them in one email. No obligation, no drip campaign.
Insurance products are offered and placed by Continental Brokers Inc., an independent insurance agency. Bedford Realty, LLC is not an insurance agency, does not sell insurance, and receives no commission on policies placed. Coverage is subject to underwriting approval, policy terms, conditions and exclusions.
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Most Mississippi commercial property never reaches a residential MLS. These searches are pre-filtered to this submarket and property type on the national marketplaces. They open on a third-party site — Bedford Realty can represent you as a buyer or tenant on anything you find there.
Listing data provided by Bedford demo data and last updated Aug 17, 2026. Information is deemed reliable but is not guaranteed and should be independently verified. Square footage, lot size, school assignment, tax figures and flood-zone designations are sourced from third parties. Bedford Realty, LLC is an Equal Housing Opportunity brokerage.
