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    2909 Oak Forest Dr Jackson, MS 39212

    Sponsored
    For Sale
    Contact for pricing

    44,451 SF Single-Story School Building

    Property size:
    44,451 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 44,451-square-foot single-story building presents a unique redevelopment opportunity. Formerly Marshall Elementary School within the Jackson Public Schools system, this property is now available as part of the JPS Repurposing Initiative. This initiative actively promotes the reuse and redevelopment of surplus school sites, aiming to transform underutilized properties into valuable community assets. Located at 2909 Oak Forest Dr, Jackson, MS 39212, in Hinds County, this property offers significant potential for adaptive reuse. The building's substantial size and single-story design provide flexibility for a variety of potential projects. Its location within Jackson offers access to established infrastructure and a growing community. The JPS Repurposing Initiative's focus on redevelopment ensures a supportive environment for innovative projects that contribute to the city's growth and prosperity. This is an unparalleled chance to acquire a large-scale property with a rich history and a bright future, perfectly positioned for a transformative project that will benefit the Jackson community. The property is ready for its next chapter, offering a blank canvas for creative vision and entrepreneurial spirit. Serious inquiries are encouraged to explore the possibilities this unique property offers.

    Property Features for 2909 Oak Forest Dr

    General Information

    Property type
    Schools
    Square Feet
    44,451 SF

    Building Details

    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Marshall Elementary School Elementary School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2478129
    Latitude
    32.2641461

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    FAQs

    What type of property is this?
    School - 44,451 SF Single-Story School Building
    Where is this school located?
    The property is located at 2909 Oak Forest Dr Jackson, MS.
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    2909 Oak Forest Dr Jackson, MS 39212
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    Jackson, MS 39212
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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
    2909 Oak Forest Dr Jackson, MS 39212
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