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    Bailey Ave Jackson, MS 39203

    For Sale
    Contact for pricing

    Prime Jackson land, versatile zoning, redevelopment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4.12-acre parcel, identified as Parcel 98, presents a unique investment opportunity in Jackson, Mississippi. Located on Bailey Ave, zip code 39203, in Hinds County, this property boasts a strategic location within the city. The land is zoned for Limited Commercial and Limited Multi-Family Residential Districts, offering considerable flexibility for development. The APN is 98-35,-42,-44,-45,-46,-47,-48,-49,-50,-51,-52,-53,-54,-55,-56,-57,-58,-59,-60,-61,-62,-64. This versatile zoning allows for a wide range of potential uses, making it an attractive prospect for developers and investors seeking to capitalize on the growth potential of the Jackson area. Importantly, this property is part of the JPS Repurposing Initiative, a program designed to revitalize surplus school sites and contribute to the overall economic development of Jackson's neighborhoods. This initiative aims to transform underutilized properties into valuable community assets, creating opportunities for both residential and commercial growth. The property's size and zoning make it ideal for a variety of projects, promising significant returns for the right investor. This is a chance to be part of Jackson's revitalization and secure a prime piece of land in a growing market.

    Property Features for 0 Bailey Ave

    General Information

    Property type
    Land
    Lot Size
    179,467 SF

    HighLights

    • 4.12‑acre parcel in Jackson, MS (Zip 39203, Hinds County) on Bailey Ave.
    • Zoned for Limited Commercial and Limited Multi‑Family Residential use.
    • APN: 98‑35,-42,-44,-45,-46,-47,-48,-49,-50,-51,-52,-53,-54,-55,-56,-57,-58,-59,-60,-61,-62,-64.
    • Part of the JPS Repurposing Initiative for revitalizing surplus school sites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1943359
    Latitude
    32.3126256

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    FAQs

    What type of property is this?
    Land - Prime Jackson land, versatile zoning, redevelopment opportunity.
    Where is this land located?
    The property is located at Bailey Ave Jackson, MS.
    What are key features of this property?
    This property features: 4.12-acre parcel in Jackson, MS (Zip 39203, Hinds County) on Bailey Ave.; Zoned for Limited Commercial and Limited Multi-Family Residential use.; APN: 98-35,-42,-44,-45,-46,-47,-48,-49,-50,-51,-52,-53,-54,-55,-56,-57,-58,-59,-60,-61,-62,-64.
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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
    Bailey Ave Jackson, MS 39203
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