0 Johnson St, Jackson, MS 39213
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.
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
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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.