200 Presto Ln Jackson, MS 39206
Property profile & analytics
200 Presto Ln Jackson, MS 39206
- Warehouses
- 11,539 SF
- 2.63 lot acres
Property ID
US50-0382238
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Powell's Body Shop / Auto Repair Shop
Property Details for 200 Presto Ln
- Year built
- 1956
- Construction
- WOOD
- Lot size
- 2.63 lot acres
- Property size
- 11,539 SF
- Property type
- Warehouses
- APN
- 0723 0007 006
- APU
- 7230007006
Description
This exceptional 6,500 square foot industrial property, located at 200 Presto Lane, presents a unique opportunity for an automotive business. The building is a single-tenant space, offering complete privacy and control. The property boasts a fully furnished automotive shop, ready for immediate occupancy and streamlined operations. A key feature is the inclusion of a dedicated painting bay, allowing for comprehensive vehicle servicing and repair. Access is convenient via a private road, ensuring a secure and controlled environment. Ample parking is provided within a gated lot, enhancing security and offering peace of mind. The building's functionality is further enhanced by the presence of two overhead doors, facilitating efficient loading and unloading of vehicles and equipment. The property's classification as both flex and warehouse space suggests adaptability for various automotive-related uses beyond a traditional repair shop. This turnkey solution eliminates the need for extensive renovations or setup, allowing for a rapid commencement of business operations. The combination of a fully equipped workspace, secure parking, and convenient access makes this property an ideal investment for automotive entrepreneurs seeking a well-established and functional base of operations. The single-tenant occupancy ensures exclusive use of the entire facility.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $815,000
Market price range: $390k - $901k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $690,000 Current use
- RESTAURANT
- $1,245,000 Change: +81% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,105,000 Change: +60% Conversion: Difficult
- OFFICE BUILDING
- $1,000,000 Change: +46% Conversion: Difficult
- MEDICAL BUILDING
- $925,000 Change: +34% Conversion: Difficult
- RETAIL STORES
- $765,000 Change: +11% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $760,000 Change: +10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Longitude
- -90.1649
- Latitude
- 32.3793
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,343
$17,381
$20,795
$38,176
-
$115,870
$138,630
$254,500
