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4151-4159 Northview Dr
Jackson, MS 39206
Retail Property For Sale

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EXECUTIVE SUMMARY

Light Industrial zoned property consists of a 10,000 sq ft warehouse fully leased, small 1,200 sq ft warehouse currently used as storage, a 3,750 sq ft strip with all 5 suites occupied, a 2,000 free standing former restaurant/bar currently vacant and a 8,000 square ft strip with 4 of 5 units leased. All 5 buildings well maintained and situated near an active growth area between Meadowbrook and Northside Drive just west of State Street.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
24,950 SF
Building Class
C
Year Built
1958
Price
$795,000
Price Per SF
$31.86
Cap Rate
11.28%
NOI
$89,676
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
1.58 AC
Zoning
light industrial - Light Industrial
Parking
26 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
138’ on Northview Dr

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0430-0060-001
Land Assessment
$22,220
Improvements Assessment
$22,596
Total Assessment
$44,816
  • Listing ID: 31231556

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 4151-4159 Northview Dr, Jackson, MS 39206

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