Tudor-Style Office
For Sale
$214,900
629 N Jefferson Street, Jackson, MS 39202
Commercial Sale, Jackson, MS
Property Size1,843 SF
Lot Size0.15 Acres
Price / SF$116.60
Days on Market250
Property Features for 629 N Jefferson Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C1
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
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
Listing Agency:
Overby, Inc.
(601) 366-8511
Listed By:
Amanda P Overby · License #B19487
(601) 624-4611
Added: Feb 7
Changed: Oct 8
Last Checked: Oct 15 at 6:06PM
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.
This 1,843-square-foot office property was built in 1950 and presents a Tudor-style exterior with a distinct standalone presence. Inside, the traditional arrangement includes multiple private offices, a reception area, and supporting spaces suited to a professional office operation.
The property is at 629 N Jefferson Street in Jackson, with access to High Street and I-55. Its position places the building between the State Capitol and the Belhaven and Fondren districts, with connections to North Jackson. Off-street parking is also provided.
The property is at 629 N Jefferson Street in Jackson, with access to High Street and I-55. Its position places the building between the State Capitol and the Belhaven and Fondren districts, with connections to North Jackson. Off-street parking is also provided.
Key Highlights
- 1,843‑square‑foot office building constructed in 1950
- Tudor‑style exterior at 629 N Jefferson Street, Jackson, MS 39202
- Multiple private offices plus reception and support areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,224
Cap Rate
8.01%
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
NOI $17,224 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$315.8K
$276.3K – $368.5K
NOI $22,107 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,591
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Traditional layout with private offices, a reception area, and supporting workspace for professional users.
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 $214,900.
What are key features of this property?
This property features: 1,843‑square‑foot office building constructed in 1950; Tudor‑style exterior at 629 N Jefferson Street, Jackson, MS 39202; Multiple private offices plus reception and support areas
