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308 Pearl St Jackson, MS 39201

OFF-MARKET Retail properties & Spaces Google Maps
110,500 SF 0.26 ac lot Built 1930
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

308 E Pearl Street, Jackson, MS, presents a unique investment opportunity. This 110,500 square foot mixed-use property sits on a 0.26-acre lot in the heart of Jackson's Smith Park Architectural District Historical Register. Originally built in 1930 and completely renovated in 2004, the building boasts a stunning blend of historic charm and contemporary functionality. Currently housing prominent tenants including Entergy Mississippi's headquarters, JBHM Architects, and the Jackson Convention and Visitor's Bureau, this prime location offers unparalleled visibility and accessibility. The property's strategic position ensures high foot traffic and exposure, ideal for a variety of uses. The ground floor is suitable for retail, dining, or office space, while the upper two floors comprise fifteen residential units. This iconic building represents a significant piece of Jackson's history, offering limitless potential for entrepreneurs and investors seeking a high-profile location in a thriving urban environment. The asking price is $5,900,000. This is more than just a property

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 110,500 SF
Lot 0.26 ac (11,326 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Travel Agency Tour Operator
  • Architect Design
  • Nursing Home

Value estimations

Realmo proprietary · 4 methods
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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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