200 Spring Lake CvPearl, MS 39208

Property Details for 200 Spring Lake Cv

Year built

1987

Lot size

2.74 AC

Property size (Sq ft)

19,289 SF

Property type

Office properties

Property subtype

Office buildings

APN

F08Q000022 00000

APU

F08Q00002200000

Description

This exceptional Class A office building, located at 200 Spring Lake Cove in Pearl, Mississippi, offers 19,280 square feet of versatile space ideal for coworking or executive office setups. The property boasts a desirable location, less than a mile from I-20 and Jackson Evers Airport, ensuring convenient access. Built in 1987 and extensively renovated in 2012, the two-story building features a modern interior throughout. Currently, 100% of the space is available, with divisible suites ranging from a minimum of 4,690 square feet to a maximum contiguous space of 9,640 square feet. Two suites totaling approximately 9,640 square feet are immediately available. The 1.461-acre lot provides ample parking with 119 spaces. The building enjoys a coveted lake view and a corporate feel, a rare find in Pearl. Current tenants include Charles Taylor and the VA, reflecting the property's high-quality appeal. The property is zoned C-1 and features the APN F08Q000022 00000. This is a unique opportunity to secure premium office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,233,301

  6.5%

  $2,984,586

  7%

  $2,771,401

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,471,382

  Geo Method

  $3,762,512

• Alternative Use

  Use

  Valuation

  Residential

  $3,700,886

  Hospitality

  $3,389,992

  Educational

  $2,820,433

  Medical

  $2,917,432

  Retail

  $4,387,340

Location Insight

City

Pearl

County

Rankin

State

Mississippi

Latitude

32.2784

Longitude

-90.0754

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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