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Property profile & analytics
FOR LEASE
Shopping centers

225 Meadowbrook Rd Jackson, MS 39206

85,159 SF 7.41 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
Property ID
US50-0389313
Property summary
AI-generated overview

Meadowbrook Shopping Center, a prominent retail property in Northern Jackson, Mississippi, presents a unique investment opportunity. Strategically located at the intersection of North State Street and Meadowbrook Road, near Interstate 55, this center enjoys exceptional visibility and accessibility. The property encompasses a total of 106,345 square feet on an 8.88-acre lot (386,640 square feet). Currently, there are 89,223 square feet of vacant space available, offering significant potential for redevelopment or expansion. Space sizes range from a minimum of 875 square feet to a maximum contiguous space of 26,750 square feet, catering to a variety of retail tenants. The property features one single-story building and is zoned C-3. Previous tenants include Fred's (26,750 sq ft), All American Check Cashing (875 sq ft), Trustmark Bank (vacant outparcel 0.4-0.8 acres), and Regions Bank (potential redevelopment pad site up to 0.5 acres). North State Street and Meadowbrook Road provide major north-south and east-west thoroughfares, ensuring high traffic volume and excellent exposure for businesses. The property's Hinds County location within the OZ - MS Hinds submarket offers strong potential for growth and return on investment. The APN is 430-34.

Property profile
Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 85,159 SF
Lot 7.41 ac (322,972 SF)
APN 0430 0034 000
UPID US50-0389313
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
  • Dollar Tree Discount Store
  • City Gear Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Piggly Wiggly - Jackson Grocery & Convenience Store Food Market
  • Marty's Store For Men Department Store
  • All American Check Exchange Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.53M
Owner & transaction history
JSN N SIDE DEV CO INC
JSN N SIDE DEV CO INC
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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