1867 Crane Ridge DrJackson, MS 39216
- Office properties
- 20,468 SF
Property Details for 1867 Crane Ridge Dr
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.13 AC
- Property size (Sq ft)
- 20,468 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0590 0102 000
- APU
- 5900102000
Description
This Jackson, MS office complex, known as Crane Ridge, offers 22,500 square feet of versatile space, currently featuring 6,650 square feet of vacant area. Situated on a 3.14-acre lot at 1867 Crane Ridge Dr, Jackson, MS 39216, this Class C building boasts a convenient location with easy access to Jackson and Flowood. Built in 1979, the two-story building features 11-foot ceilings and ample parking with 223 spaces. A single passenger elevator services both floors. The property includes a variety of office configurations, from individual offices to expansive open spaces, suitable for various business needs. One available suite, formerly a law firm, offers multiple offices, conference rooms, and a sizable waiting area. This suite has the potential for expansion by combining it with an adjacent open suite, providing rear building access. The building's location backs onto a scenic cypress-lined oxbow, offering a tranquil setting. The upstairs space includes windowed offices, cubicles, and a break room with access to common area bathrooms. The property's address is 1867 Crane Ridge Dr, Jackson, MS 39216, with APN 0590-0102-000. The building consists of one structure and is categorized as both medical and creative office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,358,445
- 6.5%
- $3,100,103
- 7%
- $2,878,667
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,561,317
- Geo Method
- $3,992,488
-
Alternative Use
- Use
- Valuation
- Residential
- $3,844,128
- Hospitality
- $3,521,200
- Educational
- $2,929,597
- Medical
- $3,030,350
- Retail
- $4,557,151
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.331
- Longitude
- -90.1384
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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