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    2350 Oakhurst Dr Jackson, MS 39204

    Sponsored
    For Sale
    Contact for pricing

    37,578 SF Single-Story School Building

    Property size:
    37,578 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 37,578-square-foot single-story building presents a unique redevelopment opportunity in Jackson, Mississippi. Formerly Lester Elementary School, part of the Jackson Public Schools (JPS) system, this property is now available through 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 2350 Oakhurst Dr, Jackson, MS 39204, the property offers significant potential for adaptive reuse. Its substantial size and single-story design provide flexibility for a variety of development projects. The building's location within Hinds County offers access to established infrastructure and a growing community. This is an exceptional chance to contribute to the revitalization of Jackson while capitalizing on a prime piece of real estate. The property's history as a school provides a strong foundation for future development, offering the possibility of community-focused projects or other ventures that align with the city's growth objectives. Interested parties are encouraged to explore the possibilities this unique property offers. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a significant property within the JPS Repurposing Initiative, contributing to the ongoing revitalization of Jackson's neighborhoods.

    Property Features for 2350 Oakhurst Dr

    General Information

    Property type
    Schools
    Square Feet
    37,578 SF

    Building Details

    Stories
    1

    HighLights

    • 37,578 SF single‑story school building.
    • Located at 2350 Oakhurst Dr, Jackson, MS 39204.
    • Formerly Lester Elementary School (Jackson Public Schools).
    • Part of the JPS Repurposing Initiative for redevelopment.
    • Special Purpose property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lester Elementary School Elementary School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2177432
    Latitude
    32.2745286

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    FAQs

    What type of property is this?
    School - 37,578 SF Single-Story School Building
    Where is this school located?
    The property is located at 2350 Oakhurst Dr Jackson, MS.
    What are key features of this property?
    This property features: 37,578 SF single-story school building.; Located at 2350 Oakhurst Dr, Jackson, MS 39204.; Formerly Lester Elementary School (Jackson Public Schools).
    Request Owner's contact information
    2350 Oakhurst Dr Jackson, MS 39204
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    Jackson, MS 39204
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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
    2350 Oakhurst Dr Jackson, MS 39204
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