124 South St Jackson, MS 39201
This exceptional Class A industrial warehouse, located at 124 E South St, Jackson, MS 39201, offers 14,000 square feet of versatile space. The property features a 7,000 square foot climate-controlled office area, complete with a large open meeting space and an adjoining fully equipped kitchen. The remaining 7,000 square feet comprises a warehouse section, conveniently equipped with roll-up doors and drive-in access for easy loading and unloading. An adjacent vacant lot provides ample additional parking. Strategically positioned just one block west of the new Federal building and Central Fire Station, this property benefits from a highly visible and accessible location. Currently under lease until July 1, 2023, at a monthly rate of $11,660 (modified gross), the property is offered for sale at $1,250,000. This represents a compelling opportunity to acquire a well-maintained, high-quality industrial asset in a thriving Jackson, Mississippi location. The single-story building is currently available for immediate sale following the expiration of the existing lease. This is a single-tenancy 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.