1402 Jackson AvePascagoula, MS 39567

  • Office buildings
  • 1,646 SF
For Sale
$219,000 View listing

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
1402 Jackson Ave, Pascagoula, Mississippi

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

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
$3,532
$14,735
$8,419
$23,154
-
$98,230
$56,126
$154,356

FAQs

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