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    OFF-MARKET
    Land

    555 Fortification St, Jackson, MS 39202

    1.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.9-acre commercial land parcel presents a unique investment opportunity in Jackson, Mississippi. Strategically located at the intersection of Fortification, President, and Congress Streets, this property boasts high visibility and accessibility, situated near Baptist Medical Center and a Walgreens. The site offers significant frontage: 140 feet on Fortification Street, 376 feet on President Street, and 154 feet on Congress Street. Primarily zoned C-3, allowing for a wide range of commercial uses, portions are also zoned CMU-1, expanding development possibilities. CMU-1 zoning permits uses such as day care centers, hotels, retail stores, offices (over 2,500 square feet), restaurants, and more. Additionally, the property includes uses permitted by right in the NMU-1 district, which encompasses residential options including single-family, multi-family dwellings, and assisted living facilities. The asking price is $410,000, translating to $215,789 per acre. The property's APN is 39-64. This prime location and flexible zoning make this an ideal site for a variety of commercial and potentially mixed-use developments. The property is located at 555 E Fortification St, Jackson, MS 39202.

    Property profile
    Verified
    Property type Land
    Lot 1.9 ac (82,764 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
    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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