1417 Lelia DrJackson, MS 39216

Property Details for 1417 Lelia Dr

Year built

1979

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

3,476 SF

Property type

Office properties

Property subtype

Office buildings

APN

0542 0028 000

APU

5420028000

Description

This exceptional 1,150 square foot creative office space is located at 1417 Lelia Dr, Jackson, MS 39216, within Hinds County. Part of a larger 7,498 square foot multi-tenant building, this unit offers a unique opportunity for businesses seeking a vibrant and inspiring workspace. The space boasts high ceilings, a significant advantage for various creative uses. Its convenient location offers easy access for clients and employees. The property's proximity to a nearby school provides a built-in audience, making it particularly well-suited for businesses that cater to students or families. The property is classified as Office, Special Purpose, and specifically as a Creative Office, suggesting an adaptable layout suitable for a range of creative endeavors. The available space represents a portion of a larger building, indicating a potential for collaboration or networking opportunities with other tenants. This is an ideal location for businesses seeking a unique and functional space in a thriving community. The address is easily accessible and well-situated within Jackson, Mississippi. Serious inquiries are encouraged to explore this exciting opportunity. The total building size is 7,498 square feet, with 1,150 square feet currently available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $500,836

  6.5%

  $462,311

  7%

  $429,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $265,152

  Geo Method

  $678,029

• Alternative Use

  Use

  Valuation

  Residential

  $573,265

  Hospitality

  $525,108

  Educational

  $436,884

  Medical

  $451,909

  Retail

  $679,597

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3327

Longitude

-90.1497

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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