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    OFF-MARKET
    Land

    0 Johnson St, Jackson, MS 39213

    2.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.38-acre parcel, identified as APN 422-255, 255-1, 255-2, 255-3, and 255-4, presents a unique investment opportunity in Jackson, Mississippi. Located at the intersection of Johnson Street and Bailey Avenue, zip code 39213, this property is situated in a Single-Family and Two-Family Residential District, offering significant potential for residential development projects. The expansive lot size provides ample space for a variety of construction plans, catering to diverse housing needs. This land is part of the JPS Repurposing Initiative, a program designed to revitalize underutilized properties within Jackson's neighborhoods. The initiative aims to transform surplus school sites into valuable community assets, contributing to the city's overall growth and prosperity. This strategic location, combined with the flexible zoning and the backing of a community redevelopment program, makes this property an attractive investment for developers seeking to contribute to Jackson's revitalization while realizing a strong return. The property's address is Johnson St and Bailey Ave, Jackson, MS 39213, Hinds County. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area of Jackson.

    Property profile
    Verified
    Property type Land
    Lot 2.38 ac (103,673 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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