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.