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    FOR SALE
    Office buildings

    817 E River Pl, Jackson, MS 39202

    12,642 SF 0.84 ac lot Built 1986
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US50-0253446
    Property summary
    AI-generated overview

    This prominent Jackson, MS office building boasts 12,500 square feet of office space and a 2,500 square foot climate-controlled warehouse, all situated on a highly visible I-55N frontage between Fortification Street and the Fairgrounds. The two-story, red brick building features 8,500 square feet on the first floor and 6,500 square feet on the second, complete with an elevator and multiple bathrooms (four on the first floor and three on the second). Architectural details include a striking triangular pediment gable and black louvered shutters. Interior amenities include a welcoming reception area, a curved staircase with stained oak banisters, and a break room. The warehouse space offers convenient access via an overhead roll-up door, a dock well, and a covered loading area. Ample parking is provided with 48 spaces. The property is classified as Class B, is currently vacant, and is available for immediate occupancy. The asking price is $1,300,000, translating to $104 per square foot. The property's APN is 1008-23. This owner-user investment opportunity offers excellent accessibility to downtown Jackson and major transportation corridors along I-55 and I-20.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction WOOD
    Total area 12,642 SF
    Lot 0.84 ac (36,724 SF)
    APN 1008 0023 000
    UPID US50-0253446
    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
    • Collateral Lenders Discount Store (Bike/Boat/Book/etc) Store
    • Parents & Kids Media Publishing House
    • Gulf Coast Publishing House
    • Mississippi Private Duty Home Health Care Service
    • Barkley Locke D Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $405k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $763k
    Blend (final) Blend
    $585k
    Owner & transaction history
    Owner Name Unavailable · 13 yrs held
    Owner Name Unavailable
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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