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Property profile & analytics
FOR SALE
Automotive properties

1621 Topp Ave Jackson, MS 39204

1,650 SF 0.15 ac lot Built 1967
Entity Owned 2-yr Hold Free & Clear
Property ID
US50-0163958
1621 Topp Ave, Jackson, MS 39204 For Sale
$34,999 1,650 SF
1621 Topp Ave, Jackson, MS 39204
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Property summary
AI-generated overview

This exceptional commercial property, located at 1621 Topp Avenue in Jackson, Mississippi, presents a compelling investment opportunity. The 1,660 square foot building sits on a half-acre lot, offering ample space and potential for a variety of uses. Previously utilized as an auto repair shop and laundromat, this versatile structure boasts a solid foundation and established infrastructure. The building's block construction ensures durability and longevity, minimizing maintenance needs. Its prime location in Jackson provides excellent visibility and accessibility, making it an ideal spot for a thriving business. The property's history as a multi-use facility demonstrates its adaptability to diverse commercial ventures. Investors will appreciate the potential for significant return on investment, given the building's size, location, and the opportunity to tailor the space to a new business model. The half-acre lot offers additional possibilities for expansion or outdoor operations. This is a rare opportunity to acquire a well-situated commercial property in a growing market. Serious inquiries are encouraged to explore the full potential of this exceptional investment. The asking price is $39,900.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1967
Total area 1,650 SF
Lot 0.15 ac (6,614 SF)
APN 0162 0540 000
UPID US50-0163958
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
2k Developments LLC · 2 yrs held
2k Developments LLC
since 2023
2 recorded transactions
2023
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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