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    Johnson St Jackson, MS 39213

    For Sale
    Contact for pricing

    2.38 Acres, Residential Zoning Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.38-acre parcel, identified as APN 422-255, 255-1, 255-2, 255-3, and 255-4, presents a unique investment opportunity in Jackson, Mississippi. Located at the intersection of Johnson Street and Bailey Avenue, zip code 39213, this property is situated in a Single-Family and Two-Family Residential District, offering significant potential for residential development projects. The expansive lot size provides ample space for a variety of construction plans, catering to diverse housing needs. This land is part of the JPS Repurposing Initiative, a program designed to revitalize underutilized properties within Jackson's neighborhoods. The initiative aims to transform surplus school sites into valuable community assets, contributing to the city's overall growth and prosperity. This strategic location, combined with the flexible zoning and the backing of a community redevelopment program, makes this property an attractive investment for developers seeking to contribute to Jackson's revitalization while realizing a strong return. The property's address is Johnson St and Bailey Ave, Jackson, MS 39213, Hinds County. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area of Jackson.

    Property Features for 0 Johnson St

    General Information

    Property type
    Land
    Lot Size
    103,673 SF

    HighLights

    • 2.38‑acre parcel in Jackson, MS (APN 422‑255, 255‑1, 255‑2, 255‑3, 255‑4).
    • Located at Johnson St & Bailey Ave, zip code 39213, in a Single‑Family/Two‑Family Residential district.
    • Significant residential development potential due to expansive lot size.
    • Part of the JPS Repurposing Initiative, revitalizing underutilized Jackson properties.
    • Attractive investment opportunity in a rapidly developing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1988849
    Latitude
    32.343145

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    FAQs

    What type of property is this?
    Land - 2.38 Acres, Residential Zoning Potential
    Where is this land located?
    The property is located at Johnson St Jackson, MS.
    What are key features of this property?
    This property features: 2.38-acre parcel in Jackson, MS (APN 422-255, 255-1, 255-2, 255-3, 255-4).; Located at Johnson St & Bailey Ave, zip code 39213, in a Single-Family/Two-Family Residential district.; Significant residential development potential due to expansive lot size.
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    Johnson St Jackson, MS 39213
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    Jackson, MS 39213
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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
    Johnson St Jackson, MS 39213
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