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    815 State St Jackson, MS 39201

    For Sale
    $1,301,500

    68,500 SF Warehouse/Office, prime location.

    Property size:
    68,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 815 S. State Street in Jackson, Mississippi, presents a unique investment opportunity. The 68,500 square foot building boasts a versatile design, combining 40.5% warehouse space with 59.5% office space situated on a 2.31-acre lot. The warehouse features a generous 18-foot ceiling height, three dock-high doors, and one loading dock, ensuring efficient operations. The property is zoned for light industrial use and benefits from a large gated parking lot. Its strategic location offers easy access to major thoroughfares, including Highway 80, I-20, I-55, and Highway 49. Furthermore, its proximity to the Mississippi State Capitol, courthouses, government offices, and the Mississippi Fairgrounds provides unparalleled convenience and visibility. The asking price for this exceptional property is $1,301,500. This is a for sale by owner listing.

    Property Features for 815 State St

    General Information

    Property type
    Distribution properties
    Square Feet
    68,500 SF
    Lot Size
    100,624 SF

    HighLights

    • Ample gated parking.
    • Excellent highway access via Hwy 80, I‑20, I‑55, and Hwy 49.
    • 18' clear height.
    • Light Industrial zoning.
    • Three dock‑high loading doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Nail Salon Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.183124569256
    Latitude
    32.289532333349

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    FAQs

    What type of property is this?
    Distribution property - 68,500 SF Warehouse/Office, prime location.
    Where is this distribution property located?
    The property is located at 815 State St Jackson, MS.
    What is the asking price?
    The asking price for this property is $1,301,500.
    What are key features of this property?
    This property features: Ample gated parking.; Excellent highway access via Hwy 80, I-20, I-55, and Hwy 49.; 18' clear height.
    Request Owner's contact information
    815 State St Jackson, MS 39201
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    Jackson, MS 39201
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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
    815 State St Jackson, MS 39201
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