124 South St Jackson, MS 39201
This exceptional 14,000 square foot single-tenant industrial property, located at 124 E South St, Jackson, MS 39201 (APN 184-8, Hinds County), offers a unique blend of office and warehouse space. The building, a single-story structure, features 7,000 square feet of climate-controlled office space. This area includes a large open meeting area and an adjoining fully equipped kitchen, perfect for a variety of businesses. The remaining 7,000 square feet comprises a warehouse space complete with a roll-up door and convenient drive-in access. An adjacent vacant lot provides ample additional parking. Strategically located just one block west of the new federal building and the Central Fire Station, this property benefits from high visibility and easy access. Currently under lease until July 1, 2023, at a monthly rate of $11,660 (modified gross), the property is also available for sale at $1,250,000. This presents a compelling opportunity for both lease and purchase options in a prime Jackson location. The property's combination of modern office amenities and functional warehouse space makes it ideal for a diverse range of businesses seeking a versatile and well-situated property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.