111 Capitol St Jackson, MS 39201
- Office buildings
- 175,063 SF
- 9.45 lot acres
Current Use by Public Records
- Biggs Ingram Solop & Carlson: Malatesta Christy / Attorney
- Mississippi Deferred Compensation Plan / Financial Institution
- Ashburry University / University
- Ogletree Gee / Attorney
- Keith James A / Attorney
Property Details for 111 Capitol St
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 9.45 lot acres
- Property size
- 175,063 SF
- Property type
- Office buildings
- APN
- 0191 0039 000
- APU
- 1910039000
Description
This exceptional six-story, 186,107-square-foot Class B office building, located in Jackson, Mississippi's vibrant Downtown submarket, presents a unique investment opportunity. Built in 1981 and extensively renovated in 2019, the property boasts a striking pre-cast concrete exterior with tinted windows and a beautifully landscaped setting. The interior features a stunning atrium lobby with skylights and three modern glass elevators. Common areas showcase granite floors, new carpeting, and updated wall coverings. The building offers flexible space options, with a minimum divisible space of 700 square feet and a maximum contiguous space of 55,000 square feet
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,835,000
- 6.5%
- $1,695,000
- 7%
- $1,680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,530,000
- Geo Method
- $1,560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,750,000
- Retail
- $1,780,000
- Mixed-Use
- $1,940,000
- Hospitality
- $1,675,000
- Educational
- $1,680,000
- Residential Income
- $1,820,000
- Energy
- $2,060,000
- Income-Based Land
- $1,620,000
- Food Service
- $1,545,000
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.1878
- Latitude
- 32.2996
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA