Technical
Financial
Distress signals
Property profile

2350 Oakhurst Dr Jackson, MS 39204

FOR SALE
Schools
Property ID
US50-0791609
37,578 SF
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Property summary

AI-generated overview

Single story, 37,578 SF building, formerly home to Lester Elementary (Jackson Public Schools). This property is part of the JPS Repurposing Initiative. The initiative was created to help promote the reuse and redevelopment of the JPS surplus school sites. The primary goal is to spur redevelopment of surplus and undeveloped properties, ensuring that they are transformed into valuable assets that contribute to the growth and prosperity of Jackson’s neighborhoods.

Property profile

Verified
Property type Schools
Total area 37,578 SF
UPID US50-0791609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School

Location

2350 Oakhurst Dr Jackson, MS 39204
Jackson metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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