4807 State StJackson, MS 39206
- Office properties
- 8,280 SF
Property Details for 4807 State St
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 8,280 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0432 0365 000
- APU
- 4320365000
Description
This exceptional property at 4807 N State St in Hinds County offers a unique blend of retail and office spaces, ideal for a variety of businesses. The building, totaling 8,077 square feet, comprises a single, two-story structure with twelve individual suites. Recent renovations in 2024 have completely refreshed the interior, including a gut renovation of all bathrooms. The exterior is also slated for an upcoming facelift, enhancing the curb appeal and overall property value. The flexible space allows for multiple tenancy options, with suites ranging from a minimum of 123 square feet to a maximum contiguous space of 2,241 square feet. Currently, there are six available spaces totaling 7,096 square feet, presenting a significant opportunity for immediate occupancy. The building is conveniently located approximately a quarter mile from Northside Drive, offering excellent visibility and accessibility. While there are no elevators, the two-story layout provides efficient and manageable space. This is a prime opportunity to secure a well-maintained, recently renovated space in a desirable Hinds County location. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,193,017
- 6.5%
- $1,101,246
- 7%
- $1,022,586
-
Comparable approach
- Method
- Valuation
- Relative Method
- $631,606
- Geo Method
- $1,615,097
-
Alternative Use
- Use
- Valuation
- Residential
- $1,365,545
- Hospitality
- $1,250,832
- Educational
- $1,040,678
- Medical
- $1,076,468
- Retail
- $1,618,832
Location Insight
- City
- Jackson
- County
- Hinds
- State
- Mississippi
- Latitude
- 32.3605
- Longitude
- -90.173
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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