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555 Fortification St Jackson, MS 39202

OFF-MARKET Land Google Maps
1.9 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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