Property profile

1369 College Hill Dr Jackson, MS 39209

FOR SALE
Manufacturing properties
Property ID
US50-0271858
7,040 SF 12.69 ac lot Built 1971
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 7,000 square foot industrial warehouse, situated on a spacious 9.68-acre wooded lot in Jackson, Mississippi, presents a compelling value-add investment opportunity. Located at 1369 College Hill Dr, Jackson, MS 39209, this property offers significant potential for expansion. The building's history includes use as a sheet metal and welding fabricator shop, and it currently features office space, a reception area, and two restrooms. The asking price is $349,000. The property benefits from readily available natural gas. Furthermore, the roof and roof blanket insulation were replaced in 2014, eliminating any leakage concerns. This property is ideal for investors seeking to capitalize on the growing industrial market in Jackson, Mississippi's capital city and most populous area. The expansive lot size provides ample room for future development or expansion of the existing structure. This is a rare opportunity to acquire a well-maintained industrial property with significant upside potential in a prime location. Serious inquiries are encouraged.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 7,040 SF
Lot 12.69 ac (552,776 SF)
APN 0808 0028 001
UPID US50-0271858

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
  • Production Facility Metal Fabrication Plant

Location

1369 College Hill Dr Jackson, MS 39209
Jackson metro Census 700 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message