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Property profile & analytics
OFF-MARKET
Land

0 Jackson Northridge Jackson, MS 39211

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20-acre parcel in Jackson, Mississippi (zip code 39211), presents a prime opportunity for a build-to-rent residential development. Currently zoned SUD, the property is ideally situated in the Jackson Northridge area at 32.3792107, -90.12745. Preliminary site plans propose a substantial 116-unit community, boasting a desirable mix of housing options. The development envisions 52 two and three-bedroom townhomes alongside 64 three-bedroom single-family homes, yielding an impressive 5.80 units per acre. Community amenities are planned to include a leasing office, a pet park, and a swimming pool, enhancing the appeal and value of the development. The City of Jackson is currently reviewing the preliminary site plan, with entitlements approximately 90% complete. This project offers a compelling investment prospect with significant potential for strong returns. The property's location and planned amenities are designed to attract a high demand for rental units. This is a rare opportunity to acquire a large, well-positioned tract of land ready for immediate development in a thriving Mississippi market. The detailed site plan provides a clear vision for a successful build-to-rent community.

Property profile
Verified
Property type Land
Lot 20 ac (871,200 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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