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Property profile & analytics
OFF-MARKET
Medical Office Space

808 State St 10 Jackson, MS 39202-2602

3,161 SF 0.15 ac lot Built 1920
Entity Owned 7-yr Hold Free & Clear
Property ID
US50-0332977
Property summary
AI-generated overview

This exceptional 3,161 square foot retail property, situated on a 0.15-acre lot at 808 N State Street Unit 10 in Jackson, MS, presents a unique investment opportunity. Currently configured as a duplex, the upper level operates as an Airbnb, while the lower level serves as office space. Multiple office spaces are available, complemented by a convenient break room, a comfortable sitting area, laundry facilities, and restrooms. The property's central downtown location offers unparalleled accessibility. Its proximity to Trio Restaurant, hospitals, clinics, universities, diverse restaurants, grocery stores, and other offices ensures high visibility and foot traffic. This property is being sold "as is," providing a blank canvas for a savvy investor to capitalize on its existing income streams or to reimagine its potential. The property's versatile layout and prime location make it ideal for a variety of commercial uses. The existing Airbnb operation demonstrates the strong rental demand in the area, while the office space offers immediate income potential. This is a rare chance to acquire a well-positioned property in a thriving Jackson, MS neighborhood. The asking price is $235,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1920
Construction WOOD
Total area 3,161 SF
Lot 0.15 ac (6,744 SF)
APN 0023 0049 000
UPID US50-0332977
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Riley Christina Dental Office
  • Gregory Duke Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Garner Property & Dev LLC · 7 yrs held
Garner Property & Dev LLC
since 2019
5 recorded transactions
2019
Price N/A
2013
Price N/A
1991
Price N/A
1986
Price N/A
1985
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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