1421 State St Jackson, MS 39202
- Medical offices
- 95,281 SF
- 3.72 lot acres
Current Use by Public Records
- Jackson Ear Nose & Throat / Medical Clinic / Otolaryngologist
- Permanent Cosmetics By Cathy / Beauty Salon / Tattoo Shop
- The Clinic of Plastic Surgery / Plastic Surgeon
- Dr. William H. Wallace, MD / Cosmetic Surgeon
- Dr. William O. Bobo Thompson, MD / Plastic Surgeon
Property Details for 1421 State St
- Year built
- 1986
- Lot size
- 3.72 lot acres
- Property size
- 95,281 SF
- Property type
- Medical offices
Description
This five-story, 95,281-square-foot medical office building in Jackson, Mississippi, presents a compelling value-add redevelopment opportunity. Located at 1421 N State St, 39202, in the heart of the Jackson medical district, this property offers significant potential. The building, constructed in 1986, sits on a 3.72-acre lot and features 290 parking spaces. Currently zoned C-2, it benefits from a prime location between Millsaps College and Belhaven University, and is within close proximity to Baptist Memorial Hospital and the University of Mississippi Medical Center. One 3,918-square-foot medical office lease is currently in place on the fifth floor. The asking price is $6,500,000, translating to $68.22 per square foot. This property is ideal for an owner-user or a developer seeking to capitalize on its strategic location and substantial square footage. Its proximity to major medical facilities, universities, and convenient access via North State Street and Webster Street make it a highly attractive investment. The property's size and existing lease provide a solid foundation for future growth and development. This is a rare chance to acquire a significant asset in a thriving medical district.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.178390393961
- Latitude
- 32.319191804345
