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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    835 Frst Ave Jackson, MS 39206-3202

    • Day care centers
    • 3,029 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0081494
    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.

    Current Use by Public Records

    • Day care centers

    Property Details for 835 Frst Ave

    Year built
    1967
    Lot size
    0.58 lot acres
    Property size
    3,029 SF
    Property type
    Day care centers
    APN
    0728 0023 005
    APU
    7280023005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $261,000
      Market price range: $153k - $318k

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $240,000
      Current use
      COMMERCIAL (GENERAL)
      $290,000
      Change: +20% Conversion: Difficult
      OFFICE BUILDING
      $265,000
      Change: +9% Conversion: Difficult
      MEDICAL BUILDING
      $240,000
      Change: +0% Conversion: Difficult
      RETAIL STORES
      $200,000
      Change: -17% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $200,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.19
    Latitude
    32.3703
    CBSA code
    27140
    CBSA name
    JACKSON, MS METROPOLITAN STATISTICAL AREA

    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
    2023
    $3,416
    $4,641
    $13,118
    $17,759
    -
    $30,940
    $87,450
    $118,390

    Comparable in this City

    • Value Estimation
      $270,000
      4,053 SF

      5753 Angle St

      DAY CARE, PRE-SCHOOL • 4,053 SF
      5753 Angle St, Jackson, MS 39206-2905
      View Details
    • Value Estimation
      $250,000
      4,567 SF

      4753 Mcwillie Dr

      DAY CARE, PRE-SCHOOL • 4,567 SF
      4753 Mcwillie Dr, Jackson, MS 39206-5605
      View Details
    • Value Estimation
      $225,000
      3,980 SF

      5727 County Cork Rd

      DAY CARE, PRE-SCHOOL • 3,980 SF
      5727 County Cork Rd, Jackson, MS 39206-3013
      View Details
    • Value Estimation
      $240,000
      5,241 SF

      1010 Frst Ave

      DAY CARE, PRE-SCHOOL • 5,241 SF
      1010 Frst Ave, Jackson, MS 39206-3203
      View Details
    • Value Estimation
      $220,000
      2,009 SF

      5165 Galaxie Dr

      DAY CARE, PRE-SCHOOL • 2,009 SF
      5165 Galaxie Dr, Jackson, MS 39206-4309
      View Details
    • Value Estimation
      $410,000
      5,800 SF

      4750 Mcwillie Dr

      DAY CARE, PRE-SCHOOL • 5,800 SF
      4750 Mcwillie Dr, Jackson, MS 39206-5604
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      113,402 SF

      Chastain Middle School: Redevelopment Opportunity

      113,402 SF former school building. Prime redevelopment site.
      4650 Manhattan Rd, Jackson, MS 39206
      View Details
    • $4,592,000
      12 SF

      NNN Retail Investment Opportunity

      NNN leased investment opportunity with long-term passive income stream.
      305 Meadowbrook Rd, Jackson, MS 39206
      View Details
    • $1,975,000
      19.00 Acres

      Jackson Industrial Land - 19 Acres

      High-visibility I-220 land, ideal for diverse uses.
      I-220 And Watkins Dr, Jackson, MS 39206
      View Details
    • New
      $135,000
      Pending

      Income-Producing Duplex in Jackson, MS

      Fully occupied duplex generating $1,745 monthly income.
      251-253 Lawrence Rd, Jackson, MS 39206
      View Details
    • $275,000
      31.98 Acres

      Expansive Land Parcel in Jackson

      31.98 acres of versatile land with development potential.
      Beasley Rd, Jackson, MS 39206
      View Details
    • $1,800,000
      20,000 SF

      Prime I-55 Frontage Road Property

      Jackson, MS Commercial Opportunity
      5295 I-55 North Frontage Rd, Jackson, MS 39206
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      3,200 SF

      Briarwood Drive Office Space

      Class A Office Suites, North Jackson
      406 Briarwood Dr, Jackson, MS 39206
      View Details
    • $13 SF/Yr
      8,800 SF

      Jackson Office & Retail Space

      Prime Hanging Moss Rd location, flexible suites.
      3931 Hanging Moss Rd, Jackson, MS 39206
      View Details
    • $6 SF/Yr
      1,545 SF

      Industrial Flex Space Available

      1545 SF flex space for rent.
      5836 N Commerce Plz, Jackson, MS 39206
      View Details
    • $695 /Mo
      795 SF

      Renovated Office Suites Available

      Completely renovated office suites with various layouts for rent.
      360 Comet Dr, Jackson, MS 39206
      View Details
    • $13 SF/Yr
      26,742 SF

      Jackson Office Space - I-55 Access

      Prime Jackson office space, multiple suites available.
      4915 I-55, Jackson, MS 39206
      View Details
    • $3 SF/Yr
      6,361 SF

      Industrial Space Near Major Highways

      6,361 SF warehouse space in Jackson, Mississippi, near major highways.
      111 Briarwood Dr, Jackson, MS 39206
      View Details
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    835 Frst Ave
    Jackson, MS 39206-3202
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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