1880 Lakeland DrJackson, MS 39216

Property Details for 1880 Lakeland Dr

Year built

1986

Construction

FRAME

Lot size

0.76 AC

Property size (Sq ft)

11,994 SF

Property type

Office properties

Property subtype

Office buildings

APN

0585 0430 002

APU

5850430002

Description

This Class A office building at 1880 Lakeland Drive in Jackson, Mississippi, offers a fantastic opportunity for businesses seeking premium space in the desirable River Hills submarket. Built in 1986, the 10,000 square foot building boasts a variety of office styles, including executive, creative, and traditional options, making it suitable for a wide range of tenants. Currently, there is 1,200 square feet of vacant space available for lease, with one unit totaling 1,700 square feet. This particular unit features a thoughtfully designed layout, including two offices that open into a spacious work area, perfect for collaboration and teamwork. Additional amenities include a well-equipped kitchen and a dedicated reception area, enhancing both functionality and professionalism. The property's APN is 005850000430000002 and is situated in the 39216 zip code. The building is multi-tenant, providing a vibrant and collaborative environment. This is an exceptional opportunity to secure high-quality office space in a prime Jackson location. Don't miss out on this chance to establish your business in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,907,699

  6.5%

  $1,760,953

  7%

  $1,635,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $914,913

  Geo Method

  $2,339,550

• Alternative Use

  Use

  Valuation

  Residential

  $2,183,582

  Hospitality

  $2,000,149

  Educational

  $1,664,100

  Medical

  $1,721,331

  Retail

  $2,588,600

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3345

Longitude

-90.1389

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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