6425 Lakeover RdJackson, MS 39213

Property Details for 6425 Lakeover Rd

Year built

1989

Construction

FRAME

Lot size

1.74 AC

Property size (Sq ft)

22,438 SF

Property type

Office properties

Property subtype

Office buildings

APN

0713 0004 036

APU

7130004036

Description

The Atrium Building, part of the Twin Lakes Office Park in Jackson, Mississippi, offers prime executive office space. This Class A building, totaling 23,745 square feet, boasts two available suites ranging from 2,815 to 4,590 contiguous square feet, with a combined 7,405 square feet currently vacant. Situated on a 2.43-acre lot in the 220 Business Park submarket near Highland Colony Parkway and I-220, the property benefits from a convenient location. Originally built in 1989 and extensively renovated in 2021, the building meets current Class A standards. Upgrades include a new roof (2016), expanded parking, structural improvements, LED lighting throughout, updated common areas, and significant HVAC system replacements. The building is currently 64% occupied by the U.S. Forest Service. The C-2 Commercial District zoning provides flexibility for various business uses. This well-maintained property presents a unique opportunity for businesses seeking high-quality office space in a desirable Jackson location. The address is 6425 Lakeover Rd, Jackson, MS 39213.

• CAP approach

  CAP return

  Valuation

  6%

  $3,232,960

  6.5%

  $2,984,271

  7%

  $2,771,109

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,711,590

  Geo Method

  $4,376,756

• Alternative Use

  Use

  Valuation

  Residential

  $3,700,496

  Hospitality

  $3,389,634

  Educational

  $2,820,136

  Medical

  $2,917,125

  Retail

  $4,386,878

Location Insight

City

Jackson

County

Hinds

State

Mississippi

Latitude

32.3921

Longitude

-90.1965

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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