Premier U.S. Residential Development Opportunity
1241 Shirley Avenue, Jackson, Mississippi
Secure your capital in one of the most compelling residential development opportunities available near a major U.S. university corridor. Located just minutes from Jackson State University, 1241 Shirley Avenue offers investors, developers, and international buyers the chance to acquire strategically positioned development land at an attractive entry price with exceptional long term upside.
Whether your vision is purpose built student housing, multifamily apartments, build to rent communities, workforce housing, or a phased residential development, this property provides the flexibility to execute a project designed for long term appreciation and recurring rental income.
Why This Opportunity Stands Out
The property benefits from a prime location near Jackson State University and strong demand drivers that include students, faculty, healthcare workers, and government employees. It offers convenient access to major transportation corridors, medical centers, downtown Jackson, and commercial services. The parcel is level and ready for construction, with water, sewer, and electricity already available, and it carries no HOA restrictions. The acquisition cost is attractive and leaves significant room to add value, while the investment offers the potential for long term U.S. dollar denominated income and asset appreciation.
Investment Potential
With the right development strategy, this site can support a range of uses, including student housing, multifamily residential communities, build to rent neighborhoods, workforce housing, and mixed residential development, subject to buyer verification and local approvals. Its location provides a reliable demand base drawn from university affiliates, nearby medical facilities, government employers, and the broader Jackson workforce, which supports long term occupancy and rental stability.
For international investors, this acquisition also provides exposure to a tangible U.S. real estate asset within one of the world's most established legal and financial systems, offering portfolio diversification and a hedge against currency volatility.
Buyers are encouraged to confirm the property's ownership, tax status, and legal description through the Hinds County records, and to verify our credentials with the Mississippi Real Estate Commission. All transactions will be closed through the title company or closing attorney listed above.
How to Move Forward
We welcome inquiries from qualified investors, developers, and their representatives. To begin, please submit a brief written expression of interest, such as a letter of intent or preliminary offer, along with a proof of funds letter or a redacted bank statement. Buyers using financing may provide a lender pre-approval or financing letter instead.
Upon receipt, we will provide a mutual nondisclosure agreement. Once it is signed, qualified buyers will receive the full due diligence package, including development materials and survey information, and may schedule a property visit.
Identity verification will be handled securely by the title company or closing attorney once a purchase agreement has been executed, in keeping with standard industry practice. We do not collect government issued identification directly.
Opportunities that combine university driven demand, development flexibility, and favorable acquisition pricing are increasingly difficult to secure. If you are a qualified investor or developer seeking a scalable U.S. residential development opportunity, we invite you to submit your expression of interest and proof of funds today.
For sale by owner
Street View
Price cut: $952 (9/26)
$19,998
1241 Shirley Ave, Jackson, MS 39204
0beds
0baths
0.34Acres
VacantLand
Built in 1950
0.34 Acres Lot
$-- Zestimate®
$33/sqft
$-- HOA
What's special
Parcel is level
- 552 days
- 87
- 4
Listed by:
Property Owner (707) 478-1088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total interior livable area: 611 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.34 Acres
Details
- Parcel number: 162391
Community & HOA
Location
- Region: Jackson
Financial & listing details
- Price per square foot: $33/sqft
- Tax assessed value: $4,700
- Annual tax amount: $137
- Date on market: 4/7/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Price change | $19,998-4.5%$33/sqft |
Source: Owner Report a problem | ||
| 8/31/2026 | Price change | $20,950-4.8%$34/sqft |
Source: Owner Report a problem | ||
| 8/14/2026 | Price change | $21,999+10%$36/sqft |
Source: Owner Report a problem | ||
| 7/30/2026 | Price change | $19,999-20%$33/sqft |
Source: Owner Report a problem | ||
| 7/20/2026 | Price change | $24,999+8.7%$41/sqft |
Source: Owner Report a problem | ||
| 7/15/2026 | Price change | $22,999-58.9%$38/sqft |
Source: Owner Report a problem | ||
| 7/9/2026 | Price change | $55,999-6.7%$92/sqft |
Source: Owner Report a problem | ||
| 6/9/2026 | Price change | $59,999-14.3%$98/sqft |
Source: Owner Report a problem | ||
| 5/29/2026 | Price change | $69,999-24.7%$115/sqft |
Source: Owner Report a problem | ||
| 5/19/2026 | Price change | $92,999-7%$152/sqft |
Source: Owner Report a problem | ||
| 3/23/2026 | Price change | $99,999+11.1%$164/sqft |
Source: Owner Report a problem | ||
| 3/12/2026 | Price change | $89,999-10%$147/sqft |
Source: Owner Report a problem | ||
| 2/10/2026 | Price change | $99,999-39.4%$164/sqft |
Source: Owner Report a problem | ||
| 1/21/2026 | Price change | $165,000-10.8%$270/sqft |
Source: Owner Report a problem | ||
| 1/13/2026 | Price change | $185,000+5.7%$303/sqft |
Source: Owner Report a problem | ||
| 8/3/2025 | Price change | $175,000+12.9%$286/sqft |
Source: Owner Report a problem | ||
| 7/19/2025 | Price change | $155,000+6.9%$254/sqft |
Source: Owner Report a problem | ||
| 7/17/2025 | Price change | $145,000+2016.8%$237/sqft |
Source: Owner Report a problem | ||
| 7/11/2025 | Price change | $6,850-0.7%$11/sqft |
Source: Owner Report a problem | ||
| 7/7/2025 | Price change | $6,900+11.3%$11/sqft |
Source: Owner Report a problem | ||
| 6/20/2025 | Price change | $6,200+19.2%$10/sqft |
Source: Owner Report a problem | ||
| 6/5/2025 | Price change | $5,200+4%$9/sqft |
Source: Owner Report a problem | ||
| 4/11/2025 | Price change | $4,9990%$8/sqft |
Source: Owner Report a problem | ||
| 4/7/2025 | Listed for sale | $5,000$8/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $137 +0.5% | $705 |
| 2024 | $136 +0.5% | $705 |
| 2023 | $136 | $705 |
| 2022 | -- | $705 -51.2% |
| 2021 | -- | $1,445 +1.5% |
| 2020 | -- | $1,424 |
| 2019 | -- | $1,424 |
| 2018 | -- | $1,424 |
| 2017 | $263 | $1,424 |
| 2016 | $263 | $1,424 +0.8% |
| 2015 | $263 +3.8% | $1,413 |
| 2014 | $253 | $1,413 -32.2% |
| 2013 | -- | $2,085 |
| 2012 | -- | $2,085 +6.3% |
| 2011 | -- | $1,961 |
| 2010 | -- | $1,961 |
| 2009 | -- | $1,961 |
| 2008 | -- | $1,961 +14.7% |
| 2007 | -- | $1,710 |
| 2006 | -- | $1,710 |
| 2005 | -- | $1,710 |
| 2004 | -- | $1,710 |
| 2003 | -- | $1,710 |
| 2002 | -- | $1,710 -14.4% |
| 2001 | -- | $1,998 |
| 2000 | -- | $1,998 |
Find assessor info on the county website
Monthly payment
Est. payment



