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    Specialty properties

    136 Ash St, Jackson, MS 39202

    82,315 SF Built 1962
    Property ID
    Property summary
    AI-generated overview

    This exceptional 82,315 square foot, two-story building presents a unique redevelopment opportunity in Jackson, Mississippi. Formerly Rowan Middle School within the Jackson Public Schools system, this property is now available as part of 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 136 East Ash Street, Jackson, MS 39202, in Hinds County, the building offers significant potential for adaptive reuse. Constructed in 1962, the structure provides ample space for a variety of projects, benefiting from its established location within the city. The property's size and existing infrastructure offer a solid foundation for creative redevelopment plans, aligning with the initiative's goal of contributing to the growth and prosperity of Jackson's neighborhoods. This is a chance to be part of a revitalization project, transforming a historic building into a valuable community resource. The property's central location and substantial square footage make it an attractive investment for developers seeking a high-impact project with significant potential for return. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial property in a growing area, poised for significant future development.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1962
    Total area 82,315 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Antonette Lucas, NP Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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