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Property profile & analytics

429 Gallatin St Jackson, MS 39203

  • Warehouses
  • 10,945 SF
  • 0.60 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US50-0181284
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • More ministry / Apartment Complex
  • Burnhams professional flooring / Remodeler
  • Allen Burnham / Apartment Complex

Property Details for 429 Gallatin St

Year built
1953
Construction
CONCRETE BLOCKS
Lot size
0.60 lot acres
Property size
10,945 SF
Property type
Warehouses
APN
0141 0018 000
APU
1410018000

Description

This 10,945-square-foot warehouse, located at 429 S Gallatin St in Jackson, Mississippi, is available for $225,000 under an Absolute NNN lease. Built in 1953, this single-story, Class C building sits on a 0.6-acre lot and offers significant potential for adaptive reuse. Previously used as the Hinds Restitution Center, the property is well-suited for a variety of uses, including a public shelter or other housing facility. The interior features seven spacious offices, a conference room, numerous storage rooms, a commercial kitchen, and a dining area. Additionally, there is a dedicated housing area, two small bathrooms, and one large restroom area. The property is currently vacant and presents a unique opportunity for an investor or business seeking a substantial space in a central Jackson location. The asking price of $225,000 equates to $20.56 per square foot. The property consists of one building and one unit. The zip code is 39203.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $400,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $622,000
    Market price range: $318k - $626k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Jackson
County
Hinds
State
Mississippi
Longitude
-90.1932
Latitude
32.2966
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,303
$5,940
$16,431
$22,371
-
$39,600
$109,540
$149,140
More about this property
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