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    2425 Us-80 Jackson, MS 39204

    For Sale
    $450,000

    1,260 SF Office, Stable Tenant, High ROI

    Property size:
    1,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 1,260-square-foot traditional office building situated on a 7,015-square-foot lot at 2425 US-80 in Jackson, Mississippi, 39204. Currently 100% occupied by a national loan company under a five-year lease commencing October 1, 2023, and expiring October 1, 2028, this property boasts a strong, stable tenant with two five-year renewal options and annual rent increases of five percent. The building itself is in excellent condition, benefiting from recent upgrades including a new roof (December 2022), an HVAC system less than five years old, and recent exterior repairs and repainting. The property's location near the busy Ellis Avenue and Highway 80 intersection provides high visibility and accessibility, further enhanced by the presence of several chain restaurants and retail establishments in the immediate vicinity. The tenant holds a valuable, grandfathered payday and cash advance license from the City of Jackson, currently under a moratorium on issuing new licenses. This is one of the tenant's top-performing locations in the state. The seller is responsible only for exterior building maintenance, building insurance, and HVAC repairs exceeding $3,000 annually. This turnkey investment offers a compelling combination of strong tenancy, recent improvements, and a prime location, making it an ideal addition to any portfolio. The asking price is $450,000.

    Property Features for 2425 Us-80

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,260 SF

    Building Details

    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.228550429718
    Latitude
    32.291690689883

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    FAQs

    What type of property is this?
    Office Property / Space - 1,260 SF Office, Stable Tenant, High ROI
    Where is this office property / space located?
    The property is located at 2425 Us-80 Jackson, MS.
    What is the asking price?
    The asking price for this property is $450,000.
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    2425 Us-80 Jackson, MS 39204
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    Jackson, MS 39204
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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
    2425 Us-80 Jackson, MS 39204
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