405 Briarwood DrJackson, MS 39206

Property Details for 405 Briarwood Dr

Year built

1985

Construction

WOOD

Lot size

5.50 AC

Property size (Sq ft)

24,496 SF

Property type

Office properties

Property subtype

Office buildings

APN

0723 0023 000

APU

7230023000

Description

Wind River Office Park offers a diverse range of office spaces in Jackson, Mississippi. This Class B property, totaling 90,000 square feet, comprises four two-story buildings situated on a 5.5-acre lot at 405 Briarwood Dr, Jackson, MS 39206. Built in 1985 and renovated in 2020, the park features 94 suites, ranging from a minimum of 120 square feet to a maximum contiguous space of 15,350 square feet, catering to various business needs, from executive suites to larger office spaces. The property accommodates traditional office tenants, coworking spaces, and medical offices. Ample parking is available with 158 spaces. Conveniently located off I-55 North at Briarwood Drive, near Keele St, Wind River provides easy access to the entire metro area and is close to hotels and restaurants. Public transportation is also readily available. The park boasts a quiet, professional atmosphere and benefits from full-service maintenance, janitorial services, and gated security. The property's address is 723-23 (APN).

• CAP approach

  CAP return

  Valuation

  6%

  $3,529,485

  6.5%

  $3,257,986

  7%

  $3,025,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,868,577

  Geo Method

  $4,778,190

• Alternative Use

  Use

  Valuation

  Residential

  $4,039,903

  Hospitality

  $3,700,530

  Educational

  $3,078,797

  Medical

  $3,184,682

  Retail

  $4,789,240

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3793

Longitude

-90.1518

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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