2711 Greenway DrJackson, MS 39204
- Retail properties
- 199,976 SF
Property Details for 2711 Greenway Dr
- Year built
- 1997
- Lot size
- 23.77 AC
- Property size (Sq ft)
- 199,976 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 0831 0104 000
- APU
- 8310104000
Description
This exceptional retail opportunity presents 24,073 square feet of space within the Metro Junction community center, situated at 2711 Greenway Dr, Jackson, MS 39204. Built in 2002, the center boasts a strong tenant mix including national brands such as Cato, It's Fashion, Shoe Show, H&R Block, and Check Into Cash. The property offers excellent visibility from MS Highway 18, benefiting from high traffic counts exceeding 34,000 vehicles per day. Currently, 4,626 square feet of space is available, with a minimum divisible unit of 1,602 square feet and a maximum contiguous space of 3,024 square feet. One space of 2,715 square feet is immediately available. The center provides ample parking with a ratio of 5.94 spaces per 1,000 square feet. Its strategic location in Hinds County places it within easy reach of downtown Jackson and Jackson State University, serving a densely populated area. The property's restrictions prohibit internet cafes and tattoo parlors. This is a rare opportunity to secure retail space in a thriving, well-established center with strong co-tenancy and high visibility. The property is conveniently located in a high-traffic area, ensuring maximum exposure for your business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $47,843,936
- 6.5%
- $44,163,632
- 7%
- $41,009,088
-
Comparable approach
- Method
- Valuation
- Relative Method
- $38,440,952
- Geo Method
- $98,298,440
-
Alternative Use
- Use
- Valuation
- Residential
- $37,253,676
- Hospitality
- $34,124,168
- Educational
- $28,390,906
- Medical
- $29,367,312
- Retail
- $44,163,632
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.2885
- Longitude
- -90.2683
- 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
FAQs
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