Technical
Financial
Distress signals
Property profile

2800 Greenway Dr Jackson, MS 39204

OFF-MARKET
Motels
Property ID
US50-0218056
19,072 SF 0.46 ac lot Built 1995
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This 76-key Motel 6 in Jackson, Mississippi, presents a compelling investment opportunity. Built in 1995, this two-story hotel sits on a 0.46-acre lot at 2800 Greenway Dr, Jackson, MS 39204. Its strategic location offers easy access to Interstate I-20 and Highway 18, maximizing visibility and guest convenience. The property benefits from proximity to numerous attractions, including the Civil Rights Museum (9 miles), Sports Hall of Fame (12 miles), Museum of Natural Science (13 miles), Mississippi Coliseum (9 miles), Jackson Convention Complex, and Russell C. Davis Planetarium (8 miles). Other nearby points of interest include the Mississippi Veterans Memorial Stadium (12 miles), Mississippi Museum of Art (8 miles), Jackson Zoo (5 miles), Jackson Grove Park Golf Course (10 miles), Mississippi Children's Museum (13 miles), Battlefield Park (6 miles), Riverside Park (11 miles), and Jackson State University (6 miles). Jackson-Evers Airport is conveniently located just 16 miles away. The asking price for this established hospitality property is $2,800,000. This presents a strong potential for return on investment given its established brand recognition, convenient location, and proximity to major attractions and transportation routes. The property's strong location and established brand make it an attractive option for investors seeking a stable and potentially high-yielding asset in a growing market.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1995
Total area 19,072 SF
Lot 0.46 ac (20,164 SF)
APN 0831 0032 000
UPID US50-0218056

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
  • Hotel & Motel
  • Hotel & Motel

Location

2800 Greenway Dr Jackson, MS 39204-3305
Jackson metro Census 11001 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$603k
Blend (final) Blend
$555k

Owner & transaction history

since 2017
3 recorded transactions
2017
Price N/A
2013
Price N/A
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $870,000 +78.4%

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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