Located on the corner of State and Court Streets on the Southern boundary of the Business Improvement District, this property consists of 21,700 sf sitting on 50,208 sf of land. This lot is situated on a major thoroughfare of downtown Jackson, one of the few two-way streets within the Business Improvement District. This area features a high-volume traffic in excess of 5200 cars per day.
This property sits immediately adjacent to the historic Old Capital Building on the Pearl River Bluffs and is adjacent to the Pearl Street exit from I-55 which is the primary entrance into downtown Jackson restaurants, museums and attractions. The United States Court House and more are less than five minutes away from this location.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
