Real Estate

Land and buildings no longer needed by the City of Jackson may be acquired through the bid process or by prior agreement with the City to purchase the property at fair market value as determined by the average of three appraisals. Under normal circumstances, the City will not declare such property surplus until after a prospective buyer expresses an interest with the submission of a mandatory Surplus Property Application. The Surplus Property Committee will then vote to declare the property as surplus and follow the process required by state statute to dispose of the property.

Policies have been established to assist housing providers with acquiring tax forfeited property from the State of Mississippi. Traditionally, the cost is set by the State of Mississippi Public Land Division and the property is sold through the Secretary of State Office.  While the City does not maintain a land bank of property.  The City of Jackson does on occasions acquire property donated or conveyed by non-governmental agencies or State and Federal governmental agencies. For a property to be conveyed or disposed of, the parcel of land must be declared surplus by the City of Jackson's Surplus Property Committee.  Any organization or individual looking to obtain property from the City of Jackson must obtain approval from the Surplus Property Committee after their application is submitted with the necessary documentations, no property will be sold, conveyed or disposed of until it is declared surplus property. Please be aware the Surplus Property Application might require development plans that include financial data, site plans, conceptual drawings and sketches relative to the proposed construction or infill development.