111 Capitol StJackson, MS 39201
- Office properties
- 175,063 SF
For Lease
$16.50/SF/YR
View listing
Property Details for 111 Capitol St
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 9.45 AC
- Property size (Sq ft)
- 175,063 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0191 0039 000
- APU
- 1910039000
Description
This exceptional six-story, 186,107-square-foot Class B office building, located in Jackson, Mississippi's vibrant Downtown submarket, presents a unique investment opportunity. Built in 1981 and extensively renovated in 2019, the property boasts a striking pre-cast concrete exterior with tinted windows and a beautifully landscaped setting. The interior features a stunning atrium lobby with skylights and three modern glass elevators. Common areas showcase granite floors, new carpeting, and updated wall coverings. The building offers flexible space options, with a minimum divisible space of 700 square feet and a maximum contiguous space of 55,000 square feet
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $18,817,018
- 6.5%
- $17,369,554
- 7%
- $16,128,872
-
Comparable approach
- Method
- Valuation
- Relative Method
- $13,353,961
- Geo Method
- $34,147,788
-
Alternative Use
- Use
- Valuation
- Residential
- $21,538,248
- Hospitality
- $19,728,920
- Educational
- $16,414,229
- Medical
- $16,978,740
- Retail
- $25,533,246
111 Capitol St, Jackson, Mississippi
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.2996
- Longitude
- -90.1878
- 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
$229,423
$305,790
$676,650
$982,440
-
$2,038,600
$4,511,000
$6,549,600
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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