1369 College Hill Dr Jackson, MS 39209
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.
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Groves Sheet Metal Inc Production Facility Metal Fabrication Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.