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280 Industrial Dr Jackson, MS 39209

Manufacturing properties Google Maps
38,203 SF 2.93 ac lot Built 1972
Individually Owned 15-yr Hold Free & Clear
Estimated value (blended)
$765k
Range $689k – $842k (±10%)
Property ID US50-0187085

Property summary

AI-generated overview

This 35,020-square-foot warehouse, located at 280 Industrial Dr, Jackson, MS 39209, is available for sale at $695,000 ($19.85/sq ft). Situated on a 2.93-acre lot within the Hawkins Field Industrial Complex, this Class C property offers significant potential. Built in 1972, the building features a 17-foot clear ceiling height, seven grade-level loading doors, and ample on-site parking and storage within a fenced perimeter. Currently vacant, this I-1 industrially zoned property presents a unique opportunity. The substantial size and existing infrastructure provide flexibility for various industrial uses, allowing for expansion and growth to meet evolving business needs. The asking price reflects the property's current condition, making it an attractive investment in a market with high demand and limited inventory. This is a for-sale-by-owner opportunity.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 38,203 SF
Lot 2.93 ac (127,631 SF)
APN 0310 0041 000
UPID US50-0187085

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$765k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

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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More about this property
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