608 Jefferson St, Jackson, MS 39202
This exceptional offering presents two distinct commercial land parcels in Jackson, Mississippi, ideally situated on North Jefferson Street. The first parcel, encompassing approximately one acre, enjoys a highly desirable corner location at the intersection of Jefferson Street and Spengler Avenue, adjacent to High Street. This lot is zoned for Urban Town Center District (Commercial) use, making it a solid development opportunity. Its proximity to the State Capitol Campus further enhances its value and potential for expansion. This parcel is priced at $249,000. The second parcel, a half-acre site also on Jefferson Street, sits directly across from established office buildings. Its commercial zoning allows for versatile uses, including office space, parking facilities, and select retail establishments. This presents a strong multi-use development opportunity. This parcel is priced at $55,000. Both properties offer significant potential for investors and developers seeking prime commercial real estate in a thriving Mississippi location. The address for both parcels is 608 N Jefferson St, Jackson, MS 39202, Hinds County. These parcels represent a rare opportunity to acquire strategically located land in a high-demand area.
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.