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    I-220 And Watkins Dr Jackson, MS 39206

    For Sale
    $1,975,000

    High-visibility I-220 land, ideal for diverse uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 19-acre industrial land parcel presents a significant investment opportunity in Jackson, Mississippi. Strategically located at the intersection of I-220 and Watkins Drive, this property boasts unparalleled visibility with a 51,000 average daily traffic count. Zoned C-3, it offers a wide range of permitted commercial uses, including but not limited to RV, truck, and equipment sales, truck fuel centers, warehouses, and even apartment complexes. All utilities are readily available, and the property provides direct access to and from I-220, ensuring convenient transportation and logistics. The site's proximity to the major Highland Colony Parkway development, a significant $10 billion AWS technology project, further enhances its long-term value and potential. The asking price is $1,975,000, and the owners are open to dividing the property to accommodate various development needs. The property's APN is 720-1-9, and it's situated in Hinds County, Mississippi, with a zip code of 39206. This prime location and flexible zoning make this a truly remarkable opportunity for investors and developers seeking a high-impact commercial property in a rapidly growing area.

    Property Features for I-220 And Watkins Dr

    General Information

    Property type
    Land
    Lot Size
    827,640 SF

    HighLights

    • $1,975,000 asking price.
    • 19‑acre industrial land parcel.
    • C‑3 zoning.
    • Located at I‑220 and Watkins Drive, Jackson, MS (APN 720‑1‑9).
    • High visibility with 51,000 ADT.
    • Owner will consider dividing the parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.192596014651
    Latitude
    32.385691481837

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    FAQs

    What type of property is this?
    Land - High-visibility I-220 land, ideal for diverse uses.
    Where is this land located?
    The property is located at I-220 And Watkins Dr Jackson, MS.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: $1,975,000 asking price.; 19-acre industrial land parcel.; C-3 zoning.
    Request Owner's contact information
    I-220 And Watkins Dr 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
    I-220 And Watkins Dr Jackson, MS 39206
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