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    12 Lakeland Cir Jackson, MS 39216

    Sponsored
    For Sale
    $400,000

    4,200 SF Office, 100% Occupied, High NOI

    Property size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional property at 12 Lakeland Circle in Jackson, Mississippi, presents a lucrative investment opportunity. The 4,200 square foot building boasts a highly desirable combination of office and residential subtypes, currently operating at 100% occupancy. Two long-term tenants ensure a stable income stream, generating a gross annual income of $45,900 and a net operating income (NOI) of $27,000. Located in Hinds County, zip code 39216, this property is strategically positioned in Jackson, MS. The asking price is $400,000, offering a strong return on investment. The property's versatile nature, combined with its impressive financial performance and stable tenancy, makes it an ideal acquisition for discerning investors seeking a high-yield, low-risk opportunity in a thriving Mississippi market. The property is classified as both Office and Land, providing additional potential for future development or expansion. This is a rare chance to acquire a fully occupied, income-producing asset in a prime Jackson location. Detailed financial statements are available upon request.

    Property Features for 12 Lakeland Cir

    General Information

    Property type
    Land
    Square Feet
    4,200 SF

    HighLights

    • 4,200 SF building in Jackson, MS, offering a mix of office and residential space.
    • 100% occupancy with two long‑term tenants generating $45,900 gross annual income and $27,000 NOI.
    • Located at 12 Lakeland Circle, Hinds County, MS 39216.
    • Asking price: $400,000.
    • Classified as Office and Land, offering development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shorter Productions Video Production Service Brooks Court Reporting, ... Court Reporter

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office Hair Salon Law Firm 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
    -90.1319867
    Latitude
    32.333227

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    FAQs

    What type of property is this?
    Land - 4,200 SF Office, 100% Occupied, High NOI
    Where is this land located?
    The property is located at 12 Lakeland Cir Jackson, MS.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 4,200 SF building in Jackson, MS, offering a mix of office and residential space.; 100% occupancy with two long-term tenants generating $45,900 gross annual income and $27,000 NOI.; Located at 12 Lakeland Circle, Hinds County, MS 39216.
    Request Owner's contact information
    12 Lakeland Cir Jackson, MS 39216
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    Jackson, MS 39216
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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
    12 Lakeland Cir Jackson, MS 39216
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