Property profile

656 State St Jackson, MS 39202

OFF-MARKET
Medical Office Space
Property ID
US50-0247405
9,979 SF 5 ac lot Built 2017
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,979 SF
Lot 5 ac (217,800 SF)
APN 0024 0021 000
UPID US50-0247405

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
  • Medical Clinic

Location

656 State St Jackson, MS 39202-3303
Jackson metro Census 1600 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +41.0%
Commercial (general) $1.0M +27.9%
Retail stores $885,000 +11.1%

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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