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Tudor-Style Office Building

629 N Jefferson Street, Jackson, MS 39202

For Sale
$204,900

Commercial Sale, Jackson, MS

Property Size1,843 SF
Lot Size0.15 Acres
Price / SF$111.18
Days on Market279

Property Features for 629 N Jefferson Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description C1
Parking 8
Parking features Off Street, Parking Lot
Subdivision Metes And Bounds
Directions I-55 north from I-20 to High Street exit 96A towards Mississippi Fairgrounds. Continue on High Street to R. onto Jefferson Street. Property on L.
Standard status Active
APN 24-14, 24-15
Size 1,843 SF
Lot size 0.15 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description 40 FT W/S N JEFFERSON ST X 157 1/2 FT E & W IN SE COR LESS 10 FT OFF E/S FOR ST 2 A LOT 9 N J
Tax Annual Amount 1844
Legal Description 40 FT W/S N JEFFERSON ST X 157 1/2 FT E & W IN SE COR LESS 10 FT OFF E/S FOR ST 2 A LOT 9 N J

Building Details

Year built 1950
Buildings 1
Listing Agency: Overby, Inc.
Listed By: Amanda P Overby · License MS B19487
Added: Feb 7 Changed: Nov 7 Last Checked: Nov 12 at 6:06AM
MLS# 4138510

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1950, this 1,843-square-foot office property has a Tudor-style exterior and a traditional interior arrangement. The floor plan includes multiple private offices, a reception area, and support spaces, with off-street parking for 8 vehicles on a 0.15-acre site.

The property is at 629 N Jefferson Street in Jackson, with access to High Street and I-55. Its stated position is between the State Capitol and the Belhaven and Fondren districts, with connections to North Jackson.

Key Highlights

  • 1,843‑square‑foot office building on a 0.15‑acre lot
  • Built in 1950 with a Tudor‑style exterior
  • Multiple private offices, reception area, and support spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,224
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,480 $344.5K
Cap Rate 7%
$246,057 $246.1K
Cap Rate 9%
$191,378 $191.4K
Market Conditions
NOI Build-Up for 1,843 SF
Gross rent
$26.1K $14.16/SF
− Vacancy
−$3.1K −$1.70/SF
EGI
$23.0K $12.46/SF
− OpEx
−$5.7K −$3.12/SF
NOI
$17.2K $9.35/SF
Area
Jackson, MS
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,480
Cap Rate 7%
$246,057
Cap Rate 9%
$191,378

Alternative Uses

Best Use
Office B
$246.1K
$215.3K – $287.1K (±1% cap)
NOI $17,224 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$315.8K
$276.3K – $368.5K (±1% cap)
NOI $22,107 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burns & Associates PLLC Law Firm

Suggested Use

Top Pick Electrical Service HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,591
Businesses Nearby

Demographics for 39202, MS

7,405
Population
4,332
Households
1.7
Avg Household Size
35
Median Age
42%
College-Educated
88%
High-School Grad
3.9 sq mi
ZIP Area
1,899
Density / Sq Mi
$41,250
Median Household Income
$32,111
Median Earnings
$876
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Jackson, MS

$72.15 Jul
$81.65 Aug
$80.66 Sep
$92.56 Oct

Properties on Market for Office buildings in Jackson

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Traditional private-office layout includes a reception area and supporting workspaces.
Where is this office building located?
The property is located at 629 N Jefferson Street Jackson, MS.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: 1,843‑square‑foot office building on a 0.15‑acre lot; Built in 1950 with a Tudor‑style exterior; Multiple private offices, reception area, and support spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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