4400 Old Canton RdJackson, MS 39211

  • Office buildings
  • 71,757 SF
For Lease
$26/SF/YR View listing

Property Details for 4400 Old Canton Rd

Year built
2000
Lot size
3.06 AC
Property size (Sq ft)
71,757 SF
Property type
Office buildings
APN
0535 0470 002
APU
5350470002

Description

This exceptional four-story, Class A office building, totaling 81,831 square feet, offers immediate occupancy with 21,923 square feet of contiguous space available. Built in 2002 and renovated in 2021, the property boasts a striking precast and mirrored glass exterior, creating an elegant and energy-efficient workspace. The interior features a functional design with 10-foot ceilings. Located in the desirable Northeast Jackson submarket of Hinds County, this property provides convenient access to I-55 via Meadowbrook Road or Northside Drive exits, placing it within easy reach of the Central Business District, Madison County, Lakeland Drive, and Rankin County. Enjoy the serene atmosphere of a wooded lot and tranquil pond, complemented by on-site security. Ample parking is available with 275 spaces. The minimum divisible space is 9,000 square feet, with a maximum contiguous space of 21,923 square feet. The property sits on four acres and is zoned commercial (APN: 535-470-2). Its prime location offers proximity to numerous restaurants, shopping centers, and residential neighborhoods. This is a truly unique opportunity to secure high-quality office space in a sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,339,046
    6.5%
    $9,543,735
    7%
    $8,862,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,473,688
    Geo Method
    $13,996,920
  • Alternative Use

    Use
    Valuation
    Residential
    $11,834,232
    Hospitality
    $10,840,092
    Educational
    $9,018,830
    Medical
    $9,329,001
    Retail
    $14,029,291

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.3514
Longitude
-90.1513
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$170,002
$145,448
$738,366
$883,814
-
$969,650
$4,922,440
$5,892,090

FAQs

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