510 Guidici StJackson, MS 39204

Property Details for 510 Guidici St

Year built

1978

Lot size

0.34 AC

Property size (Sq ft)

6,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

0171 0087 000

APU

1710087000

Description

This 6,000-square-foot warehouse in Jackson, Mississippi, presents a compelling investment opportunity. Located at 510 Guidici Street, this 1978-built facility sits on a 0.34-acre lot and offers significant flexibility. Currently vacant, the property is zoned for industrial use and can be easily divided into three separate units, catering to a variety of needs. The building boasts a blend of warehouse space and office areas, complete with restrooms, a kitchenette, high ceilings, and ample parking. Three HVAC systems (7.5-ton, 5-ton, and 4-ton units) ensure climate control throughout the space. Ideal for uses such as manufacturing, distribution, storage, or auto body repair, this property also holds potential for residential conversion, adding to its value-add appeal. The asking price is $225,000. This prime location in Hinds County, zip code 39204, offers easy access to major transportation routes and the city's amenities. Don't miss this chance to acquire a versatile and adaptable industrial property in a thriving Mississippi market.

• CAP approach

  CAP return

  Valuation

  6%

  $644,923

  6.5%

  $595,313

  7%

  $552,791

• Comparable approach

  Method

  Valuation

  Relative Method

  $457,685

  Geo Method

  $1,170,360

• Alternative Use

  Use

  Valuation

  Residential

  $738,188

  Hospitality

  $676,177

  Educational

  $562,571

  Medical

  $581,919

  Retail

  $875,110

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.2874

Longitude

-90.1947

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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