Capitol St & Magnolia St Jackson, MS 39203
- Land
- 7.26 lot acres
Current Use by Public Records
- Land
Property Details for 0 Capitol St & Magnolia St
- Lot size
- 7.26 lot acres
- Property type
- Land
Description
This exceptional 7.26-acre commercial land parcel, located at the intersection of West Capitol Street and Magnolia Street in Jackson, Mississippi (zip code 39203), presents a compelling investment opportunity. The property, encompassing APN numbers 112-1-1, 113-114, 115, and 116, is zoned for Limited Multi-Family Residential and Special Use Districts, offering considerable flexibility for developers. Its prime location within Hinds County provides excellent access to key transportation routes and amenities. This site is part of the JPS Repurposing Initiative, a program designed to revitalize underutilized properties within Jackson, contributing to the city's ongoing growth and development. The initiative aims to transform surplus land into valuable community assets. The expansive lot size allows for a variety of development options, making it an attractive prospect for investors seeking to capitalize on the potential for multifamily housing or other specialized uses within this thriving Mississippi city. This is a rare chance to acquire a significant land holding in a rapidly developing area, poised for substantial future appreciation. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.2056
- Latitude
- 32.3101