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Executive Summary
Lots 7, 8, 9, 10, 11, & 12 of Block 3 of the Second Wort Addition to the Town of Jackson. Address is as follows: 165 S. Millward Street, 245 W. Simpson Avenue, and 130 S. Jackson St.
Public Remarks: Rare redevelopment opportunity in the heart of Jackson. This offering includes six contiguous town lots totaling approximately 1.02 acres, located just west of the Center for the Arts and a few blocks south of Town Square. Zoned CR-1 and within the Lodging Overlay, the property allows for a wide range of residential, lodging, and mixed-use redevelopment options. CR-1 zoning supports higher-density, downtown-adjacent residential and mixed-use projects, while the Lodging Overlay permits short-term rentals and traditional lodging uses subject to approval. Assemblages of this size and flexibility are increasingly rare, making this a compelling opportunity for developers or investors seeking long-term value in a premier location.
Private Remarks: Buyer to independently verify development potential and permitting requirements with the Town of Jackson.
Public Remarks: Rare redevelopment opportunity in the heart of Jackson. This offering includes six contiguous town lots totaling approximately 1.02 acres, located just west of the Center for the Arts and a few blocks south of Town Square. Zoned CR-1 and within the Lodging Overlay, the property allows for a wide range of residential, lodging, and mixed-use redevelopment options. CR-1 zoning supports higher-density, downtown-adjacent residential and mixed-use projects, while the Lodging Overlay permits short-term rentals and traditional lodging uses subject to approval. Assemblages of this size and flexibility are increasingly rare, making this a compelling opportunity for developers or investors seeking long-term value in a premier location.
Private Remarks: Buyer to independently verify development potential and permitting requirements with the Town of Jackson.
Property Facts
| Price | $25,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.02 AC |
| Zoning | CR-1 | ||
| Price | $25,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.02 AC |
| Zoning | CR-1 |
1 Lot Available
Lot
| Price | $25,000,000 | Lot Size | 1.02 AC |
| Price Per AC | $24,509,803.92 |
| Price | $25,000,000 |
| Price Per AC | $24,509,803.92 |
| Lot Size | 1.02 AC |
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $151,354 | |
| Land Assessment | $647,578 | Total Assessment | $798,932 |
Property Taxes
Parcel Numbers
Land Assessment
$647,578
Improvements Assessment
$151,354
Total Assessment
$798,932
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165 S Millward St
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