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    OFF-MARKET
    Specialty properties

    750 Congress St, Jackson, MS 39202

    26,169 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Total area 26,169 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
    Current use
    Occupant on record · Public records
    • Obama Magnet School High School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    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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