835 Congress StJackson, MS 39201

Property Details for 835 Congress St

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.60 AC

Property size (Sq ft)

13,650 SF

Property type

Warehouses

APN

0179 0026 000

APU

1790026000

Description

This 27,554-square-foot industrial property, located at 835 S Congress St, Jackson, MS 39201, is available for $1,900,000 ($68.96/SF). The building features a mix of warehouse and office space (25,154 SF warehouse and 2,400 SF office). It boasts six loading docks and three dock-high doors, complemented by a concrete ramp for at-grade deliveries. The 18-foot ceiling height provides ample storage space. Significant renovations were completed in 2022, including a new 60-mil Johns Manville TPO roof with a 20-year warranty (installed January 2022), seven new steel coiling overhead doors with weather seals (May 2022), and an upgraded fire sprinkler system with new heads (August 2022). Situated on a 1.5-acre lot (APN 179-26), the property benefits from its location on a dead-end street, minimizing traffic, and its proximity to railroad tracks, enhancing security. The warehouse is conveniently located across from Irby Electrical Headquarters, south of Jackson's Central Business District, and within two miles of Interstates 55, 20, 220, and US Highway 49. The property is zoned for industrial use and is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $3,220,870

  6.5%

  $2,973,110

  7%

  $2,760,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,665,970

  Geo Method

  $4,260,110

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,534,150

  Mixed-Use / Specialty

  $1,536,200

  Hospitality / Lodging

  $1,136,860

  Office

  $1,534,920

  Institutional / Educational

  $1,599,720

  Residential Income

  $1,871,680

  Multifamily

  $2,203,060

  Automotive / Energy

  $1,371,190

  Parking / Income-Based Land

  $465,746

  Restaurant / Food Service

  $815,053

  Healthcare / Senior Housing

  $1,567,630

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.2895

Longitude

-90.1851

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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