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    1369 College Hill Dr Jackson, MS 39209

    Sponsored
    For Sale
    $349,000

    Industrial Value-Add Opportunity in Jackson, MS

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 7,000 square foot industrial warehouse, situated on a spacious 9.68-acre wooded lot in Jackson, Mississippi, presents a compelling value-add investment opportunity. Located at 1369 College Hill Dr, Jackson, MS 39209, this property offers significant potential for expansion. The building's history includes use as a sheet metal and welding fabricator shop, and it currently features office space, a reception area, and two restrooms. The asking price is $349,000. The property benefits from readily available natural gas. Furthermore, the roof and roof blanket insulation were replaced in 2014, eliminating any leakage concerns. This property is ideal for investors seeking to capitalize on the growing industrial market in Jackson, Mississippi's capital city and most populous area. The expansive lot size provides ample room for future development or expansion of the existing structure. This is a rare opportunity to acquire a well-maintained industrial property with significant upside potential in a prime location. Serious inquiries are encouraged.

    Property Features for 1369 College Hill Dr

    General Information

    Property type
    Land
    Square Feet
    7,000 SF
    Lot Size
    421,661 SF

    HighLights

    • 7,000 SF industrial warehouse on a 9.68‑acre lot in Jackson, MS.
    • Asking price: $349,000.
    • Features office space, reception area, and two restrooms.
    • Roof and roof blanket insulation replaced in 2014.
    • Natural gas readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Groves Sheet Metal ... Sheet Metal Contractor

    Suggested Use

    Restaurant Realty agency Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.252667565506
    Latitude
    32.34779695174

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    FAQs

    What type of property is this?
    Land - Industrial Value-Add Opportunity in Jackson, MS
    Where is this land located?
    The property is located at 1369 College Hill Dr Jackson, MS.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 7,000 SF industrial warehouse on a 9.68-acre lot in Jackson, MS.; Asking price: $349,000.; Features office space, reception area, and two restrooms.
    Request Owner's contact information
    1369 College Hill Dr Jackson, MS 39209
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    Jackson, MS 39209
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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
    1369 College Hill Dr Jackson, MS 39209
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