Financial
Distress signals
Property profile

117 N State St Jackson, MS 39201

FOR LEASE
Office buildings
Property ID
US50-0390567
15,799 SF 0.17 ac lot Built 1924
Last sale Sep 2015
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located in Jackson’s historic Spengler’s Corner Historic District in the downtown revitalization zone. It includes a second-floor space measuring 1,845 square feet, configured with an open layout and flexible floor plan that can be adapted for professional office use or creative/workspace uses such as artist studios, co-working spaces, and design or creative labs. The building retains original historic architectural details and provides natural light within open interior spaces.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$84k
Assessed land$28k
Assessed improvement$56k
Effective rate21.64%

Value estimate

· Sep 2026
$535k
$482k – $589k
AI approach$435k
Submarket $/SF estimate$632k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 801.25% cap applied$17k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
801.25%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHINDS

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.2
Catering Service8.5
Dry Cleaner8.5

Location

117 N State St Jackson, MS 39201
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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