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City of Jackson·Mississippi

City of Jackson Notice of Invitation to Bid on City Owned Property: parcel 175-278

Closes 8/26/2025$250k – $500kInvitation for Bid
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Description

The City of Jackson is inviting bids for the purchase of City-owned property, parcel 175-278, located on Gum Street in Jackson, Mississippi. Bidding will start at $250.00, and the City will retain all mineral rights it owns, along with the right of ingress and egress to remove same from said property. • The bid submission deadline is August 26, 2025, at 3:30 p.m. CDT. • Bids must be placed in a sealed envelope and delivered to the City Clerk or submitted through Central Bidding. • The City reserves the right to reject any and all bids. • Preferential preference will be granted to equivalent high bidders who submitted an application to the Surplus Property Committee. • A re-bid process utilizing the Best and Final Offer (BAFO) may be used to determine a winner if multiple equivalent high bidders persist.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Vic Sexton(Planning and Development (Real Estate Division))

[email protected]

(601) 960 1055

Key dates

Opened
8/7/2025
Closes
8/26/2025

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531190
Solicitation №
91560545

Budget estimate

$250,000 – $500,000

The budget for this opportunity is likely to be around $250.00, which is the starting bid for the City-owned property. However, the actual budget could be higher, depending on the number of bidders and the final bid price. A reasonable estimate for the budget range could be between $250,000 and $500,000, considering the property's value and the bidding process.

AI estimate from the solicitation

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