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Property profile & analytics
OFF-MARKET
Office buildings

1437 Old Sq Rd Jackson, MS 39211-5535

2,600 SF Built 1986
Entity Owned 8-yr Hold Free & Clear
Property ID
US50-0391772
Property summary
AI-generated overview

This exceptional 2,400 square foot office condominium, located at 1437 Old Square Rd in Jackson, Mississippi, presents a rare investment opportunity. Situated in the desirable Lefleur East community of Northeast Jackson, this Class B property boasts a prime location near Interstate 55, offering easy access to major transportation routes. The building, constructed in 1986, is a single-story structure with C-2 zoning. This fully occupied (100%) multi-tenant property features two units within a single building, offering flexibility for owner-users. The layout, originally designed by a local architect, is highly adaptable, with windowed offices surrounding a central core that includes conference rooms, break rooms, restrooms, and a workroom. A portion of the space is divisible, presenting an opportunity to lease to an additional tenant or expand existing operations. The property benefits from ample natural light and is well-maintained. Its proximity to a variety of restaurants and businesses makes it an attractive location for both employees and clients. This first-floor unit is a truly unique offering in the Crescent Court Condominium, a community known for its limited availability and high-quality properties. The asking price is $275,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction FRAME
Total area 2,600 SF
APN 0511 0537 005
UPID US50-0391772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • A Bridge To Recovery Counselor Addiction Treatment Center
  • Mitzi Ferguson MD LLC Medical Clinic
  • Timeless Medical Aesthetics Spa & Massage Center Alternative Medicine Practice
  • Russell Ronald E Tax Preparation
  • Smith Quinn CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mec Properties LLC · 8 yrs held
Mec Properties LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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