4915 I-55Jackson, MS 39206

Property Details for 4915 I-55

Year built

1968

Lot size

4.50 AC

Property size (Sq ft)

26,742 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional investment opportunity presents a 26,742 square foot multi-tenant office complex in Jackson, Mississippi. Located on 4.5 acres with convenient I-55 access, the property boasts 17 units and abundant parking (approximately 130 spaces, nearly 5 per 1,000 sq ft). Currently 43% occupied, the complex offers significant upside potential with below-market average rent of $11.72 per square foot. The buildings are arranged in a campus-like setting with ample parking both front and rear. The property features two curb cuts from I-55 Frontage Road and two from Edgewood Terrace, ensuring excellent accessibility. Situated on the west side of I-55, south of Briarwood Drive and north of Northside Drive, the complex benefits from a prime location within a thriving submarket featuring diverse commercial and residential uses. The C-2 zoning allows for a variety of uses. Built in 1968, this Class C office building is offered at $1,700,000 ($63.57/sq ft) on a gross lease basis. The property's high visibility and convenient location make it an ideal investment for both income generation and future development. The substantial frontage on I-55 Frontage Road (approximately 400 feet) provides excellent exposure. This is a rare opportunity to acquire a well-positioned office complex in a rapidly growing area of Jackson.

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3645

Longitude

-90.1513

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