240 Maddox Rd, Jackson, MS 39212-2312
This exceptional commercial property, situated at 240 Maddox Road in Jackson, Mississippi, presents a unique investment opportunity. The 2,600 square foot building sits on a spacious 1.02-acre lot, providing ample room for future expansion and development. The property boasts a strategic location, just 0.2 miles from Highway 18 and 2 miles from I-20, ensuring convenient access to major transportation arteries. The building comprises 1,600 square feet of well-appointed office space, featuring a practical kitchenette, a bathroom, and 10-foot drop-down ceilings, creating a functional and modern workspace. In addition to the office area, the property includes approximately 723 square feet of warehouse space, strategically divided into zones with ceiling heights ranging from 10 to over 12 feet, accommodating diverse storage and operational needs. A substantial 10' x 10' loading door facilitates easy access for large deliveries, including 18-wheeler trucks. The property also features a large parking lot, providing ample space for employees and clients. C-2 zoning allows for a variety of commercial uses, making this property an ideal choice for businesses seeking flexibility and growth potential. This combination of office and warehouse space, coupled with its prime location and ample land, makes this property a highly desirable investment. The asking price is $220,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.