Red Brick Office Building I-55N

817 E River Pl, Jackson, MS 39202

View on Map

For Sale

Contact for pricing

Highly visible office building with climate-controlled warehouse near I-55N.

Type:Office

Property size:

12,500 SF

Price / SF:

$104/SF

HighLights

Highly visible location on I‑55N with easy access to Downtown Jackson, I‑55, and I‑20.
15,000 SF red brick building with a mix of office (12,500 SF) and climate‑controlled warehouse space (2,500 SF).
Ample parking with 48 spaces.
Features an elevator for easy access to the 2nd floor.
Dock well and covered dock loading area for the warehouse.
Well‑maintained building with a formal reception area and curved staircase.

We can help!

Listing Contact

Steve Cook, CCIM, SIOR

For Sale

Contact for pricing

Highly visible office building with climate-controlled warehouse near I-55N.

Type:Office

Property size:

12,500 SF

Price / SF:

$104/SF

Added:: May 31, 2023
Days on Market:: 1120
Last Refresh:: May 12 at 9:04 pm

Property Features for 817 E River Pl

General Information

Standard status: Active
Size: 12,500 SF
Property subtype: Office

We can help!

Listing Contact

Steve Cook, CCIM, SIOR

Listing agent Steve Cook, CCIM, SIOR License #MS B-22913

Listing office Cook Commercial Properties

Listing date May 31, 2023

Source Crexi

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 Cook Commercial Properties

HighLights

Highly visible location on I‑55N with easy access to Downtown Jackson, I‑55, and I‑20.
15,000 SF red brick building with a mix of office (12,500 SF) and climate‑controlled warehouse space (2,500 SF).
Ample parking with 48 spaces.
Features an elevator for easy access to the 2nd floor.
Dock well and covered dock loading area for the warehouse.
Well‑maintained building with a formal reception area and curved staircase.

Overview

This 15,000 square foot red brick office building features 12,500 square feet of office space and a 2,500 square foot climate-controlled warehouse. The two-story building is located on the east side of I-55N, between Fortification Street and the Fairgrounds, providing accessibility to Downtown Jackson and other metro areas along the I-55 and I-20 corridors. The first floor comprises 8,500 square feet and includes four bathrooms, while the second floor offers 6,500 square feet and three bathrooms, accessible by an elevator. The building's facade includes four white columns supporting a triangular pediment gable, complemented by windows with black louvered shutters. The interior features a curved staircase with stained oak banisters leading to a reception area. Additional amenities include a break room, an overhead rollup door for the climate-controlled warehouse/storage area, a dock well, and a covered dock loading area. The property is well-maintained and includes 48 parking spaces.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$177.0k	$14.16
− Vacancy	−$21.2k	−$1.70
EGI	$155.8k	$12.46
− OpEx	−$38.9k	−$3.12
NOI	$116.8k	$9.35

12,500 SF · lease $14.16/SF/yr · vacancy 12.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $116,820 @ 7.0% cap · market cap 8.99%

Second Best

Warehouse

$968.7K

$847.6K – $1.13M (±1% cap)

NOI $67,811 @ 7.0% cap · market cap 5.22%

Theoretical Best

Office A

$2.14M

$1.87M – $2.50M (±1% cap)

NOI $149,940 @ 7.0% cap · market cap 11.53%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Collateral Lenders Discount Store Parents & Kids Media Publishing House Gulf Coast Publishing House Mississippi Private Duty Home Health Care Service Barkley Locke D Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Jackson
County: Rankin
State: Mississippi
Longitude: -90.163894
Latitude: 32.3068145

Nearby Similar for Sale

$549,900

5,605 SF

Historic Office Building with Flex Space

Renovated 1907 colonial-style office with eight offices, conference space, and ADA-accessible restrooms near the State Capitol.

737 N State Street, Jackson, MS 39202

View Details
$799,000

12,318 SF

Retail/Warehouse Property on Old Square

Retail/warehouse property with dock high access in vibrant Jackson.

1434 Old Square Road, Jackson, MS 39211

View Details
$139,000

2,877 SF

Flex Warehouse with Roll-Up Door

Block-built flex space includes private offices and rear warehouse loading via a roll-up door.

305 Lorenz Boulevard, Jackson, MS 39213

View Details
$199,000

9,614 SF

Updated Office Space with Live-Work Option

For sale downtown office with a live-work option, positioned across from the Farmers Market for strong day-to-day visibility.

617 Rio, Jackson, MS 39202

View Details
$265,000

2,550 SF

Live-Work Office and Shop

Newly remodeled office and separate shop provide dual-purpose space with private bathrooms and roll-up access.

1030 Greymont Street, Jackson, MS 39202

View Details
$345,000

4,679 SF

Zoned C-3 Office Building

Professional office building with reception, private offices, conference room, and kitchen, plus rear private parking.

17 Northtown Drive, Jackson, MS 39211

View Details
$189,000

9,567 SF

Flexible Retail and Office Building

Versatile commercial building with efficient layout and off-street parking for office, retail, or service tenants.

360 E Fortification Street, Jackson, MS 39202

View Details
$400,000

8,651 SF

High-Visibility Commercial Property in Jackson

Commercial property in established retail corridor near Jackson Medical Mall.

320 W Woodrow Wilson Avenue, Jackson, MS 39213

View Details
$249,000

3,045 SF

University Boulevard Commercial Opportunity

Gas station with tanks and pumps, remodel opportunity.

1141 University Boulevard, Jackson, MS 39204

View Details
$149,000

32,000 SF

Former Kroger Store on 4.65 Acres

Vacant 32,000 SF commercial building on 4.65 acres.

3171 Robinson Road, Jackson, MS 39209

View Details
$249,900

1,843 SF

Tudor-Style Office Building

Traditional office layout with multiple private offices and reception space plus off-street parking for professional users.

629 N Jefferson Street, Jackson, MS 39202

View Details
$106,000

9,600 SF

Large Commercial Storefront in Jackson

9,600 sq ft commercial building ready for transformation.

1240 Ellis Avenue, Jackson, MS 39209

View Details

For sale
Office buildings
MS
Jackson
39202
817 E River Pl

What type of property is this?

Office building - Highly visible office building with climate-controlled warehouse near I-55N.

Where is this office building located?

The property is located at 817 E River Pl Jackson, MS.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Highly visible location on I‑55N with easy access to Downtown Jackson, I‑55, and I‑20.; 15,000 SF red brick building with a mix of office (12,500 SF) and climate‑controlled warehouse space (2,500 SF).; Ample parking with 48 spaces.