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    Pinecrest St Jackson, MS 39212

    For Sale
    Contact for pricing

    4.14 Acres, Special Use District, Pinecrest St

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 4.14-acre commercial land parcel presents a unique investment opportunity in Jackson, Mississippi. Located on Pinecrest Street and identified by APN 609-152, this property is zoned as a Special Use District, offering considerable flexibility for development. The expansive lot size provides ample space for a variety of commercial ventures, allowing for creative and strategic project planning. This prime location within Hinds County, zip code 39212, benefits from its inclusion in the JPS Repurposing Initiative, a program designed to revitalize and redevelop surplus school sites. The initiative aims to transform underutilized properties into valuable community assets, contributing to the growth and prosperity of Jackson's neighborhoods. This initiative underscores the potential for significant future development and community investment in the area. The property's strategic location and special use zoning make it an ideal canvas for innovative commercial projects, offering a compelling opportunity for investors seeking a high-impact development project within a thriving community. The latitude and longitude coordinates are 32.2550747, -90.2210733 respectively. This is a rare chance to acquire a substantial land parcel in a designated growth area, poised for significant future appreciation.

    Property Features for 0 Pinecrest St

    General Information

    Property type
    Land
    Lot Size
    180,338 SF

    HighLights

    • 4.14‑acre commercial land parcel in Jackson, MS.
    • Located in a Special Use District.
    • APN: 609‑152.
    • Part of the JPS Repurposing Initiative for redevelopment.
    • Address: Pinecrest St, Jackson, MS 39212.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2210733
    Latitude
    32.2550747

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    FAQs

    What type of property is this?
    Land - 4.14 Acres, Special Use District, Pinecrest St
    Where is this land located?
    The property is located at Pinecrest St Jackson, MS.
    What are key features of this property?
    This property features: 4.14-acre commercial land parcel in Jackson, MS.; Located in a Special Use District.; APN: 609-152.
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    Pinecrest St 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
    Pinecrest St Jackson, MS 39212
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