Technical
Financial
Distress signals
Property profile

1010 East Northside Dr Jackson, MS 39206

FOR SALE
Retail space
Property ID
US50-0400598
38,964 SF 0.59 ac lot Built 1962
Entity Owned Free & Clear
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1010 East Northside Dr, Jackson, MS 39206 For Sale
$1,132,872 38,964 SF
1010 East Northside Dr, Jackson, MS 39206
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Property summary

AI-generated overview

This exceptional three-story, 41,567-square-foot storefront at 1010 E Northside Drive in Jackson, Mississippi, presents a unique investment opportunity. Built in 1962 with an addition in 1993 and renovated in 2000, this CMU structure features concrete pilings and reinforced concrete floors. The building boasts a spacious layout: 10,454 square feet on the first floor, 19,881 square feet on the second, and 11,241 square feet on the third. Conveniently located just 100 yards from I-55 North exit ramps, it benefits from high visibility and accessibility. The property enjoys excellent traffic counts, with 18,000 vehicles daily on Northside Drive and 115,000 on I-55 North, serving a population of 51,700 within a three-mile radius. Practical features include a freight elevator, a 402-square-foot covered loading dock, and 26 covered first-floor parking spaces. The roof, installed five years ago, carries a remaining 15-year warranty. Previously used as a furniture store, this versatile property is ideally suited for conversion to self-storage, professional office space, or continued retail use. Asking price is $1,475,000. The property is located in Hinds County, Mississippi, zip code 39206.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1962
Total area 38,964 SF
Lot 0.59 ac (25,891 SF)
APN 0511 0550 000
UPID US50-0400598

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1010 East Northside Dr Jackson, MS 39206
Jackson metro Census 302 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$845k

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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More about this property
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