Property profile

2525 Lakeward Dr Jackson, MS 39216

OFF-MARKET
Commercial real estate
Property ID
US50-0346503
12,838 SF 0.87 ac lot Built 1997
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This single-story, 12,838 square foot Class B office building, located at 2525 Lakeward Drive in Jackson, Mississippi, presents a unique opportunity for businesses seeking flexible space. Built in 1997, the property is situated in Hinds County and features a total of three suites, with 7,127 square feet currently vacant and available for immediate occupancy. The minimum divisible space is 1,901 square feet, while the maximum contiguous space available is 7,127 square feet, offering options for various business needs. The building is suitable for traditional office uses as well as medical or dental practices, given its convenient location and ample space. The property is conveniently located off Lakeland Drive, offering easy access and visibility. While there are no elevators, the single-story design ensures easy accessibility for all tenants and clients. This property is ideal for businesses seeking a well-maintained space in a desirable location. The building's layout allows for customization to meet specific tenant requirements. The 7,127 square feet of vacant space provides a significant opportunity for a single large tenant or multiple smaller tenants. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a professional image. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Construction STEEL FRAME
Total area 12,838 SF
Lot 0.87 ac (37,850 SF)
APN 0542 0042 000
UPID US50-0346503

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Counselor
  • Social Service Agency Community Center
  • Dental Office

Location

2525 Lakeward Dr Jackson, MS 39216-4827
Jackson metro Census 1400 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$440k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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