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REAL ESTATE AND ACCUMULATED DEPRECIATION
 12 Months Ended
Jul. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III

J.W. MAYS, INC.
REAL ESTATE AND ACCUMULATED DEPRECIATION
July 31, 2024

Description  Encumbrances   Land   Building & Improvements    Improvements   Carried Cost   Land   Building & Improvements   Total   Accumulated Depreciation   Date of Construction   Date Acquired   Statement is
Computed		 
Col. A  Col. B   Col. C   Col. D   Col. E   Col. F   Col. G   Col. H   Col. I 
       Initial Cost to Company  

Cost Capitalized
Subsequent to
Acquisition

  

Gross Amount at Which Carried
At Close of Period

               Life on Which
Depreciation in
Latest Income		 
Description  Encumbrances   Land   Building &  
Improvements 		   Improvements   Carried
Cost		   Land   Building &
Improvements		   Total   Accumulated Depreciation   Date of Construction   Date Acquired   Statement is
Computed		 
Office and Rental Buildings Brooklyn, New York Fulton Street at Bond Street  $497,045   $3,901,349   $7,403,468   $26,730,537   $—   $3,901,349   $34,134,005   $38,035,354   $17,040,480    Various    Various    (1)(2)
Jamaica, New York Jamaica Avenue at 169th Street   —    —    —    688,744    —    —    688,744    688,744    177,597    1959    1959    (3)
Fishkill, New York Route 9 at Interstate Highway 84   3,393,720    594,723    7,212,116    16,741,557    —    594,723    23,953,673    24,548,396    10,834,178    10/74   11/72   (1)
Brooklyn, New York Jowein Building Fulton Street and Elm Place   —    1,324,957    728,327    17,595,368    —    1,324,957    18,323,695    19,648,652    8,044,923    1915    1950    (1)(2)
Levittown, New York Hempstead Turnpike   —    125,927    —    —    —    125,927    —    125,927    —    4/69   6/62   (1)
Circleville, Ohio Tarlton Road   —    120,849    4,388,456    113,620    —    120,849    4,502,076    4,622,925    3,476,843    9/92   12/92   (1)
Total(A)  $3,890,765   $6,067,805   $19,732,367   $61,869,826   $—   $6,067,805   $81,602,193   $87,669,998   $39,574,021                

 
(1)Building and improvements                 18–40 years
(2)Improvements to leased property         3–40 years
(3)Upon lease termination in 2035, the building and all improvements will be turned over to the landlord as property owner (See Notes 1 and 10 to the Accompanying Consolidated Financial Statements). Leasehold improvements are amortized over the life of the lease.
(A)Does not include Office Furniture and Equipment and Transportation Equipment in the amount of $295,156 and Accumulated Depreciation thereon of $229,353 at July 31, 2024.
         
   Year Ended July 31, 
   2024   2023 
Investment in Real Estate          
Balance at Beginning of Year  $85,185,857   $84,139,551 
Improvements   2,484,141    1,046,306 
Retirements   —    — 
Balance at End of Year  $87,669,998   $85,185,857 
Accumulated Depreciation          
Balance at Beginning of Year  $37,885,631   $36,244,642 
Additions Charged to Costs and Expenses   1,688,390    1,640,989 
Retirements   —    — 
Balance at End of Year  $ 39,574,021   $ 37,885,631