Mixed-Use Development
For Sale
$600,000
2026 Dalton Street, Jackson, MS 39204
Three adjoining parcels are offered together for sale with zoning of R4, R4, and C2.
Property Size3,491 SF
Price / SF$171.87
Days on Market148
Property Features for 2026 Dalton Street
General Information
Standard status
Active
Size
3,491 SF
Property subtype
General Commercial
Building Details
Year Built
1948
Listing Agency:
Urban Realty, Inc.
(601) 926-2632
Listed By:
Antonia Erhabor
(601) 926-2632
Source:
Xome
Added: Mar 5
Changed: Jul 21
Last Checked: Jul 30 at 3:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Realty, Inc.
Investment Insights
Based on property information with market context.
This offering includes three adjoining parcels sold together as one package. Zoning is R4 for two parcels and C2 for one parcel, providing flexibility for residential and commercial development concepts.
The property is located at 2026 Dalton Street in Jackson, MS 39204. The package is being presented as a single commercial offering with one total list price for all parcels.
Zoning designation across the parcels supports a mix of potential uses, with R4 accommodating residential development and C2 allowing commercial uses such as retail, office, restaurant, or service-based businesses, as stated in the listing remarks.
The property is located at 2026 Dalton Street in Jackson, MS 39204. The package is being presented as a single commercial offering with one total list price for all parcels.
Zoning designation across the parcels supports a mix of potential uses, with R4 accommodating residential development and C2 allowing commercial uses such as retail, office, restaurant, or service-based businesses, as stated in the listing remarks.
Key Highlights
- Three adjoining parcels sold together for one price
- Zoning: R4 (2 parcels) and C2 (1 parcel)
- Lot size: 0.51 (lot dimensions)
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.5k | $15.60 |
| − Vacancy | −$5.4k | −$1.56 |
| EGI | $49.0k | $14.04 |
| − OpEx | −$18.4k | −$5.27 |
| NOI | $30.6k | $8.77 |
3,491 SF · lease $15.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$437.6K
$382.9K – $510.6K
NOI $30,634 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$306.8K
$268.4K – $357.9K
NOI $21,474 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$598.2K
$523.4K – $697.9K
NOI $41,875 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 39204, MS
15,433
Population
7,613
Households
2
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
9.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$31,667
Median Household Income
$23,862
Median Earnings
$890
Median Rent
$68,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Three adjoining parcels are offered together for sale with zoning of R4, R4, and C2.
Where is this multifamily property located?
The property is located at 2026 Dalton Street Jackson, MS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Three adjoining parcels sold together for one price; Zoning: R4 (2 parcels) and C2 (1 parcel); Lot size: 0.51 (lot dimensions)
