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    633 State St Jackson, MS 39202

    For Sale
    $3,100,000

    56,350 SF, 6-story, renovated

    Property size:
    56,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional six-story executive office building, located at 633 N State St in Jackson, Mississippi, presents a compelling investment opportunity. Boasting 56,350 square feet of space, the property is currently 61.72% occupied across six units within a single building. Constructed in 1974 and extensively renovated in 2022, the building features a modern design adaptable to various office configurations, from individual offices to larger multi-tenant spaces. The building's Class B designation reflects its well-maintained condition and recent upgrades. Situated on a 38,333 square foot lot, the property includes convenient parking for 172 vehicles, spread across upper and lower level parking decks. The permitted zoning is for office use, ensuring flexibility for future development. The asking price is $3,100,000, translating to $55.01 per square foot. The property's APN is 36-6. This prime Jackson location, with its updated amenities and ample parking, offers significant potential for growth and return on investment. The property's flexible layout and recent renovations make it an ideal choice for a variety of businesses seeking a modern and efficient workspace in the heart of Jackson.

    Property Features for 633 State St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    56,350 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1974/2022
    Buildings
    1
    Stories
    6
    Units
    6

    HighLights

    • Six‑story, 56,350 SF Class B office building in Jackson, MS.
    • 61.72% occupied across six units.
    • Recently renovated (2022) with modern design, adaptable to various office configurations.
    • Located on a 38,333 SF lot with 172 parking spaces.
    • Asking price: $3,100,000 ($55.01/SF).
    • APN: 36‑6.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    House Robert B Insurance Attorney Jones Walker: Hollis ... Attorney Ray Bradford C Attorney Mississippi Funeral Directors Association / Organization Martin David L Attorney

    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
    -90.179187317272
    Latitude
    32.30555212533

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    FAQs

    What type of property is this?
    Office Property / Space - 56,350 SF, 6-story, renovated
    Where is this office property / space located?
    The property is located at 633 State St Jackson, MS.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: Six-story, 56,350 SF Class B office building in Jackson, MS.; 61.72% occupied across six units.; Recently renovated (2022) with modern design, adaptable to various office configurations.
    (601) 987-0202
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    633 State 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
    633 State St Jackson, MS 39202
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