750 Congress St, Jackson, MS 39202
This exceptional 26,169-square-foot property, located at 750 N Congress St, Jackson, MS 39202, presents a unique redevelopment opportunity. Formerly the Obama Magnet Elementary School, a Jackson Public Schools landmark, this single-story building is now available as part of the JPS Repurposing Initiative. This initiative aims to revitalize surplus school sites, transforming them into valuable community assets. The building's substantial size offers considerable flexibility for adaptive reuse, catering to a wide range of potential projects. Its prominent location in Hinds County provides excellent visibility and accessibility. The property's historical significance adds character and potential for unique development concepts. This is a chance to contribute to the ongoing revitalization of Jackson while capitalizing on a prime piece of real estate. The property is zoned for special purpose use, and further due diligence is recommended to determine the feasibility of specific redevelopment plans. Detailed site plans and historical records are available upon request. This is an exceptional opportunity to acquire a significant piece of Jackson's history and shape its future. The property's size and location make it ideal for a variety of uses, subject to necessary approvals and permits. Interested parties are encouraged to explore the possibilities this unique property offers.
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Obama Magnet School High School
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
Similar Nearby for Lease
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.