1402 Jackson AvePascagoula, MS 39567
- Office buildings
- 1,646 SF
Property Details for 1402 Jackson Ave
- Year built
- 1940
- Lot size
- 0.63 AC
- Property size (Sq ft)
- 1,646 SF
- Property type
- Office buildings
- APN
- 41411123.000
- APU
- 41411123000
Description
This exceptional commercial property, located at 1402 Jackson Avenue in Pascagoula, Mississippi, presents a unique investment opportunity. Boasting 1,646 square feet on a sizable 0.63-acre lot, the building enjoys a highly desirable location, fronting both Jackson Avenue and Convent Avenue. Its prime position places it within easy walking distance of the vibrant downtown area and directly on the Pascagoula Parade route, ensuring high visibility and foot traffic throughout the year. Previously utilized as an accountant's office, the property offers versatile space adaptable to a variety of commercial uses. A convenient driveway runs alongside the building, leading to ample parking at the rear. The generous lot size also allows for potential expansion, providing significant future development possibilities. This well-maintained building sits on a busy street in the heart of the business district, making it an ideal location for businesses seeking high visibility and accessibility. The combination of its size, location, and potential for growth makes this property a compelling investment opportunity in a thriving Mississippi community. The asking price is $219,000. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $261,025
- 6.5%
- $240,946
- 7%
- $223,736
-
Comparable approach
- Method
- Valuation
- Relative Method
- $125,558
- Geo Method
- $117,014
-
Alternative Use
- Use
- Valuation
- Residential
- $298,773
- Hospitality
- $273,675
- Educational
- $227,694
- Medical
- $235,525
- Retail
- $354,191
Location Insight
- City
- Pascagoula
- County
- Jackson
- State
- Mississippi
- Latitude
- 30.3648
- Longitude
- -88.5506
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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