300 W Monument St - Manufacturing FOR SALE


Jackson, MS 39203- West Jackson
$50,000 USD
301-706-4619
300 W Monument St, Jackson, MS for Sale
$50,000 USD
Manufacturing - FOR SALE
1/17
null | Request Cap Rate

300 W Monument St
Jackson, MS 39203
West Jackson


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 9.7 Acre Parcel | 32K SF Building | Jackson, MS | AUCTION MARCH 23-25
  • ±9.7 Acre Industrial Development Site with 32K SF Building in Jackson, MS
  • ±14,911 VPD Combined Traffic Counts at Signalized Hard Corner of W Monument St and Bailey Ave; Positioned 1.5-Mile From I-55 Interchange with Traffic
  • Zoned I-2, Heavy Industrial District, with Flexible Uses Permitted including Self-Storage, Car Wash, Retail, Warehouse, and many more
  • Dense Demographics with 3-Mile Population of ±47,436 Individuals and 5-Mile Population of ±110,396
  • Absolute $1 Auction – NO RESERVE!

OVERVIEW

Marcus & Millichap is pleased to present a 9.7-acre parcel located at 300 W Monument Street (the “Property”) in Jackson, Mississippi. This Property offers an exceptional investment opportunity to develop a large industrial parcel approximately 1.5-miles from I-55. FIRST BID MEETS RESERVE! The Property consists of a ±9.7-acre development parcel including a ±32,000 SF vacant building in a robust trade area near a mix of residential and industrial demand generators. The Property benefits from highly favorable and flexible I-2, Heavy Industrial zoning that allows for a wide variety of uses including retail, self-storge, car wash, warehouse, liquor store, and others. Disclaimer: The Seller does not have a survey – building size, parcel size and outline obtained from Hinds County Assessor and CoStar. The Property is located in Jackson, Mississippi, the state’s capital and largest city, within Hinds County. The Property benefits from excellent visibility and access on W Monument Street with traffic counts of 5,818 vehicles per day at the signalized intersection of Bailey Avenue with 9,093 VPD. Positioned 1-mile west of I-55 (±111K VPD), the site offers excellent accessibility to major transportation corridors, downtown Jackson, and Jackson State University. The Property is located just ±1-mile from downtown Jackson and just 1-mile east of Jackson State University. The Property is positioned in a dense and established trade area, with ±47,436 residents within a 3-mile radius and ±110,396 residents within a 5-mile radius, boasting an average household income of $48,963.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$2 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - 9.7 AC Parcel | 32K SF Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.7

LAND SF

422,532

ZONING

I-2

APN/PARCEL ID

0092-0001-000

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.