2435 Livingston RdJackson, MS 39213

Property Details for 2435 Livingston Rd

Year built

1969

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.69 AC

Property size (Sq ft)

3,947 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

0401 0027 003

APU

4010027003

Description

This exceptional 3,362 square foot retail property, situated at 2435 Livingston Road in Jackson, Mississippi, presents a compelling investment opportunity. Boasting a prime commercial location within a high-traffic area, this property offers unlimited potential for a variety of businesses. The 0.69-acre lot provides ample space for expansion or outdoor activities, enhancing the overall appeal and functionality of the site. The building's substantial square footage allows for flexible layouts to accommodate diverse business needs. Its strategic placement ensures high visibility and accessibility, attracting a large customer base. The asking price of $600,000 reflects the property's significant value and potential for strong returns. This is an ideal opportunity for entrepreneurs and investors seeking a well-positioned retail space in a thriving Jackson, MS market. The property's location in a high-traffic area guarantees significant foot traffic and visibility, making it an attractive proposition for businesses seeking maximum exposure. Don't miss this chance to acquire a prime commercial property with exceptional growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $835,989

  6.5%

  $771,682

  7%

  $716,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $758,723

  Geo Method

  $1,940,153

• Alternative Use

  Use

  Valuation

  Residential

  $650,943

  Hospitality

  $596,260

  Educational

  $496,082

  Medical

  $513,142

  Retail

  $771,682

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3291

Longitude

-90.1974

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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