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    4915 I-55 Jackson, MS 39206

    Sponsored
    For Sale
    $1,700,000

    Jackson, MS Executive Office Building

    Property size:
    26,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 26,742 square foot multi-tenant office complex in Jackson, Mississippi. Located on 4.5 acres with convenient I-55 access, the property boasts 17 units and abundant parking (approximately 130 spaces, nearly 5 per 1,000 sq ft). Currently 43% occupied, the complex offers significant upside potential with below-market average rent of $11.72 per square foot. The buildings are arranged in a campus-like setting with ample parking both front and rear. The property features two curb cuts from I-55 Frontage Road and two from Edgewood Terrace, ensuring excellent accessibility. Situated on the west side of I-55, south of Briarwood Drive and north of Northside Drive, the complex benefits from a prime location within a thriving submarket featuring diverse commercial and residential uses. The C-2 zoning allows for a variety of uses. Built in 1968, this Class C office building is offered at $1,700,000 ($63.57/sq ft) on a gross lease basis. The property's high visibility and convenient location make it an ideal investment for both income generation and future development. The substantial frontage on I-55 Frontage Road (approximately 400 feet) provides excellent exposure. This is a rare opportunity to acquire a well-positioned office complex in a rapidly growing area of Jackson.

    Property Features for 4915 I-55

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    26,742 SF
    Class
    C
    Lot Size
    196,020 SF

    Building Details

    Year Built
    1968

    HighLights

    • $1,700,000 asking price for a 26,742 SF office complex.
    • Multi‑tenant office building with 17 units.
    • Below‑market average rent of $11.72/SF.
    • Centrally located in Jackson, MS, with I‑55 access and abundant parking (5/1000 SF).
    • C‑2 zoning, 4.5‑acre lot, built in 1968, 43% occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1512908
    Latitude
    32.3645489

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    FAQs

    What type of property is this?
    Office Property / Space - Jackson, MS Executive Office Building
    Where is this office property / space located?
    The property is located at 4915 I-55 Jackson, MS.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price for a 26,742 SF office complex.; Multi-tenant office building with 17 units.; Below-market average rent of $11.72/SF.
    (601) 906-8999
    Request Owner's contact information
    4915 I-55 Jackson, MS 39206
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    Jackson, MS 39206
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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
    4915 I-55 Jackson, MS 39206
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