4760 Mcwillie DrJackson, MS 39206

Property Details for 4760 Mcwillie Dr

Year built

1968

Lot size

0.42 AC

Property size (Sq ft)

1,260 SF

Property type

Turn key restaurants

APN

0511 0584 000

APU

5110584000

Description

This exceptional mixed-use property, located at 4760 McWillie Dr in Jackson, Mississippi, presents a compelling owner-user investment opportunity. The 5,600 square foot building, constructed in 1968, sits on a 0.42-acre lot and is zoned C2, offering considerable flexibility for a variety of commercial uses. Currently configured as three separate units, the property boasts a stable income stream with existing tenants including a ministry, a daycare center, and a resale store. Each unit provides a unique opportunity for expansion or adaptation to suit your specific business needs. The property includes ample parking with 20 spaces available for tenants and customers. The asking price is $275,000, translating to a price per square foot of $49.11. This single-story building represents a value-add opportunity in a prime Jackson location, with the potential for increased rental income through lease renewals or repositioning. The property's strong existing tenancy provides immediate cash flow, making it an attractive investment for both seasoned and emerging commercial property owners. This is a rare chance to acquire a well-located, multi-tenant property in a thriving Mississippi market. The property's existing infrastructure and zoning provide a solid foundation for future growth and development. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $266,873

  6.5%

  $246,344

  7%

  $228,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $242,207

  Geo Method

  $619,354

• Alternative Use

  Use

  Valuation

  Residential

  $207,800

  Hospitality

  $190,344

  Educational

  $158,364

  Medical

  $163,810

  Retail

  $246,344

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.36

Longitude

-90.1534

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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