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    750 Congress St Jackson, MS 39202

    For Sale
    Contact for pricing

    Prime Redevelopment Opportunity: 26,169 SF

    Property size:
    26,169 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 26,169-square-foot property, located at 750 N Congress St, Jackson, MS 39202, presents a unique redevelopment opportunity. Formerly the Obama Magnet Elementary School, a Jackson Public Schools landmark, this single-story building is now available as part of the JPS Repurposing Initiative. This initiative aims to revitalize surplus school sites, transforming them into valuable community assets. The building's substantial size offers considerable flexibility for adaptive reuse, catering to a wide range of potential projects. Its prominent location in Hinds County provides excellent visibility and accessibility. The property's historical significance adds character and potential for unique development concepts. This is a chance to contribute to the ongoing revitalization of Jackson while capitalizing on a prime piece of real estate. The property is zoned for special purpose use, and further due diligence is recommended to determine the feasibility of specific redevelopment plans. Detailed site plans and historical records are available upon request. This is an exceptional opportunity to acquire a significant piece of Jackson's history and shape its future. The property's size and location make it ideal for a variety of uses, subject to necessary approvals and permits. Interested parties are encouraged to explore the possibilities this unique property offers.

    Property Features for 750 Congress St

    General Information

    Property type
    Schools
    Square Feet
    26,169 SF

    Building Details

    Stories
    1

    HighLights

    • 26,169‑square‑foot single‑story building located at 750 N Congress St, Jackson, MS 39202.
    • Formerly Obama Magnet Elementary School, part of the JPS Repurposing Initiative.
    • Significant redevelopment opportunity with flexible adaptive reuse potential.
    • Prominent Hinds County location offers excellent visibility and accessibility.
    • Zoned for special purpose use; further due diligence recommended.
    Property Profile Location Intelligence

    Current Use by Public Records

    Obama Magnet School Elementary School

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1809573
    Latitude
    32.3080198

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    FAQs

    What type of property is this?
    School - Prime Redevelopment Opportunity: 26,169 SF
    Where is this school located?
    The property is located at 750 Congress St Jackson, MS.
    What are key features of this property?
    This property features: 26,169-square-foot single-story building located at 750 N Congress St, Jackson, MS 39202.; Formerly Obama Magnet Elementary School, part of the JPS Repurposing Initiative.; Significant redevelopment opportunity with flexible adaptive reuse potential.
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    750 Congress St Jackson, MS 39202
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    Jackson, MS 39202
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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
    750 Congress St Jackson, MS 39202
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