4650 Manhattan Rd Jackson, MS 39206
This exceptional 113,402 square foot property presents a unique redevelopment opportunity in Jackson, Mississippi. Formerly Chastain Middle School, part of the Jackson Public Schools system, this building is now available as part of the JPS Repurposing Initiative. This initiative actively promotes the reuse and redevelopment of surplus school sites, aiming to transform them into valuable community assets. The property is strategically located at 4650 Manhattan Rd, Jackson, MS 39206, in Hinds County. Its substantial size offers significant potential for a variety of adaptive reuse projects. The building's existing infrastructure provides a solid foundation for future development, minimizing initial investment costs. Given its location and the city's ongoing development efforts, this property represents a compelling investment opportunity for developers seeking to contribute to Jackson's growth and revitalization. The JPS Repurposing Initiative's focus on community benefit ensures a supportive environment for innovative and impactful projects. This is a chance to acquire a large-scale property with considerable potential for a transformative project within a thriving community. The property's size and location make it ideal for a wide range of uses, subject to necessary approvals and permits. Interested parties are encouraged to explore the possibilities this unique property offers.
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Chastain Middle School High School
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Chastian Junior High School High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.