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    510 George St Jackson, MS 39202

    For Sale
    $1,950,000

    Prime Jackson Office, High ROI Potential

    Property size:
    26,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This fee-simple executive office building in Jackson, Mississippi, presents a compelling investment opportunity. Located at 510 George St, this Class B property boasts 26,008 square feet across four stories, situated on a 0.73-acre lot (APN: 000380000003000000). Currently operating with 25% occupancy, the building offers significant upside potential for owner-users or investors. The asking price is $1,950,000 ($74.98/sq ft). The property features modern amenities including high-speed internet and state-of-the-art conference rooms. Its prime location in the heart of Jackson provides easy access to major highways, restaurants, and business centers. The building is zoned for commercial use and offers a customizable workspace to meet diverse business needs. This multi-unit building presents a strong opportunity to capitalize on the growing Jackson market. The property's strategic location near key institutions and its potential for increased occupancy make it an attractive investment for those seeking a high-quality, income-generating asset in a thriving Mississippi city. The building is currently for sale by owner.

    Property Features for 510 George St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    26,008 SF
    Class
    B
    Lot Size
    31,799 SF

    Building Details

    Buildings
    1
    Stories
    4
    Units
    1

    HighLights

    • Fee‑simple executive office building for sale at 510 George St, Jackson, MS. 26,008 square feet on a 0.73‑acre lot (APN: 000380000003000000). Asking price: $1,950,000 ($74.98/sq ft). Currently 25% occupied.
    • Class B, four‑story building with modern amenities including high‑speed internet and state‑of‑the‑art conference rooms. Located in Jackson's central business district, offering easy highway access.
    • High demand for executive office space in this area ensures strong potential return on investment.
    • Prime location near government buildings, financial institutions, and other major businesses.
    • Jackson's economic growth presents significant upside potential for investors and owner‑users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barber Examiners Board Cosmetic Dentist Laureate Counseling & Personal ... Mental Health Service Mind Over Matters ... Counselor HMS® Business Management Consultant Cambria Solutions, Inc. Business Management Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.181266800379
    Latitude
    32.30633180913

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Jackson Office, High ROI Potential
    Where is this office property / space located?
    The property is located at 510 George St Jackson, MS.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Fee-simple executive office building for sale at 510 George St, Jackson, MS. 26,008 square feet on a 0.73-acre lot (APN: 000380000003000000). Asking price: $1,950,000 ($74.98/sq ft). Currently 25% occupied.; Class B, four-story building with modern amenities including high-speed internet and state-of-the-art conference rooms. Located in Jackson's central business district, offering easy highway access.; High demand for executive office space in this area ensures strong potential return on investment.
    (601) 955-7590
    Request Owner's contact information
    510 George St Jackson, MS 39202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 George St Jackson, MS 39202
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