222 President StJackson, MS 39201

Property Details for 222 President St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.20 AC

Property size (Sq ft)

20,232 SF

Property type

Office properties

Property subtype

Office buildings

APN

0034 0025 000

APU

340025000

Description

President Street Suites, located at 222 North President Street in downtown Jackson, MS, offers a variety of flexible office spaces ideal for businesses of all sizes. This newly renovated (2024) three-story building is conveniently situated just one block from the state capitol, providing unparalleled accessibility and visibility. Currently pre-leasing, President Street Suites offers four available spaces ranging from 150 square feet to a maximum contiguous space of 8,000 square feet. The minimum divisible space is 930 square feet, making it suitable for both small startups and larger established firms. The building features a total of eight suites, catering to diverse tenancy needs. Tenants have the unique opportunity to customize their space during the pre-leasing period, ensuring a perfect fit for their operational requirements. High-speed C Spire fiber internet is available 24/7, along with key card building access for enhanced security. Convenient parking is also provided. Expected completion is Fall 2024. The building's modern design and prime location make it an excellent choice for businesses seeking a prestigious and functional workspace in the heart of Jackson. The diverse office subtypes available, including creative, executive, coworking, and traditional office spaces, ensure a wide range of options to meet various business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,174,680

  6.5%

  $2,007,396

  7%

  $1,864,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,543,315

  Geo Method

  $3,946,454

• Alternative Use

  Use

  Valuation

  Residential

  $2,489,172

  Hospitality

  $2,280,068

  Educational

  $1,896,990

  Medical

  $1,962,230

  Retail

  $2,950,873

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3011

Longitude

-90.1811

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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