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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.
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.
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.
Property Facts
| Price | $21,750,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.02 AC |
| Zoning | CR-1 | ||
| Price | $21,750,000 |
| 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 | $21,750,000 | Lot Size | 1.02 AC |
| Price Per AC | $21,323,529.41 |
| Price | $21,750,000 |
| Price Per AC | $21,323,529.41 |
| 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




