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608 Jefferson St Jackson, MS 39202

OFF-MARKET Land Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

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.

Property profile

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Property type Land

Cap rate & NOI

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

Value estimations

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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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