1221 EllisJackson, MS 39209

  • Specialty properties
  • 63,925 SF
Off market
$37,268,280 Estimated

Property Details for 1221 Ellis

Year built
1962
Lot size
3.72 AC
Property size (Sq ft)
63,925 SF
Property type
Specialty properties
Property subtype
Other shopping centers
APN
0301 0002 000
APU
3010002000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,293,953
    6.5%
    $14,117,495
    7%
    $13,109,102
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,288,164
    Geo Method
    $31,422,410
  • Alternative Use

    Use
    Valuation
    Residential
    $11,908,635
    Hospitality
    $10,908,246
    Educational
    $9,075,532
    Medical
    $9,387,654
    Retail
    $14,117,495
1221 Ellis, Jackson, Mississippi

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.2965
Longitude
-90.2289
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,253
$18,524
$45,176
$63,700
-
$123,490
$301,170
$424,660

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