675 N Jefferson St Houston, MS 38851
Property Lookup
Property profile & analytics
675 N Jefferson St Houston, MS 38851
- Warehouses
- 3,600 SF
- 2.50 lot acres
Property ID
US50-1251218
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 675 N Jefferson St
- Year built
- 1987
- Lot size
- 2.50 lot acres
- Property size
- 3,600 SF
- Property type
- Warehouses
- APN
- 1-069R-32-009.03
- APU
- 1069R3200903
Description
This exceptional self-storage facility in Houston, Mississippi presents a compelling investment opportunity. Located at 675 N Jefferson St, this 14,336 square foot facility boasts 95 units situated on a spacious 2.5-acre lot. The property features a robust security system including new lighting and an automated gate, enhancing both safety and operational efficiency. A significant advantage is the existing remote management system, encompassing a dedicated website and call center for streamlined leasing. This turnkey operation offers immediate income generation and substantial potential for expansion. The current NOI is $56,910, with a pro-forma NOI projected at $66,736, reflecting a 9.50% cap rate and a pro-forma cap rate of 11.14%. The asking price is $599,000, translating to a price per square foot of $41.78. The property is situated in Houston, the county seat of Chickasaw County, Mississippi, a location benefiting from the presence of several top Mississippi companies. This well-maintained facility offers a rare blend of immediate returns and significant long-term growth prospects, making it an attractive investment for discerning buyers. The gross lease structure simplifies management and maximizes profitability. The multi-tenancy aspect further diversifies income streams and mitigates risk. This is a truly exceptional opportunity to acquire a high-performing self-storage asset in a stable and growing market.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Chickasaw
- State
- Mississippi
- Longitude
- -89
- Latitude
- 33.9052
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
0
$0.00
$0.00
$0.00
$19,193
-
$20,000
$107,950
$127,950
