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Property profile & analytics

240 Maddox Rd Jackson, MS 39212

  • Investment properties
  • 2,344 SF
  • 0.99 lot acres
Value Estimations
Cap Rate Potential
9.9%
Investment properties
Location Intelligence
Property ID
US50-0392071
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 240 Maddox Rd

Year built
1985
Construction
TYPE NOT SPECIFIED
Lot size
0.99 lot acres
Property size
2,344 SF
Property type
Investment properties
Property subtype
Live-work space
APN
0835 0097 003
APU
8350097003

Description

This exceptional commercial property, situated at 240 Maddox Road in Jackson, Mississippi, presents a unique investment opportunity. The 2,600 square foot building sits on a spacious 1.02-acre lot, providing ample room for future expansion and development. The property boasts a strategic location, just 0.2 miles from Highway 18 and 2 miles from I-20, ensuring convenient access to major transportation arteries. The building comprises 1,600 square feet of well-appointed office space, featuring a practical kitchenette, a bathroom, and 10-foot drop-down ceilings, creating a functional and modern workspace. In addition to the office area, the property includes approximately 723 square feet of warehouse space, strategically divided into zones with ceiling heights ranging from 10 to over 12 feet, accommodating diverse storage and operational needs. A substantial 10' x 10' loading door facilitates easy access for large deliveries, including 18-wheeler trucks. The property also features a large parking lot, providing ample space for employees and clients. C-2 zoning allows for a variety of commercial uses, making this property an ideal choice for businesses seeking flexibility and growth potential. This combination of office and warehouse space, coupled with its prime location and ample land, makes this property a highly desirable investment. The asking price is $220,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $210,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $345,000
    6.5%
    $315,000
    7%
    $295,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $170,000
    Market price range: $86.2k - $266k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Jackson
County
Hinds
State
Mississippi
Longitude
-90.2835
Latitude
32.2703
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,428
$8,087
$4,536
$12,623
-
$53,910
$30,240
$84,150
More about this property
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