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    1 Unit Lot Florence, MS 39073

    For Sale
    $740,520

    High-traffic commercial lot, excellent visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 10.97-acre commercial lot presents a prime opportunity for development in the thriving Florence, MS market. Located directly on Highway 49, this property boasts unparalleled visibility and accessibility, situated between Berry Seafood and the newly installed traffic light at Sonic. The high-traffic location ensures significant exposure to a substantial customer base. Daily traffic counts exceed 36,000 vehicles, providing exceptional potential for businesses seeking high visibility and convenient access. While the parcels have not yet been surveyed, a preliminary layout approximation is available. The lot's size and strategic location make it ideal for a variety of commercial ventures. The price is based on a per-square-foot calculation, offering flexibility for potential buyers. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area with exceptional visibility and high traffic volume. Serious inquiries are encouraged to explore the development potential of this remarkable property. Note that the provided layout is an approximation, and a formal survey will be necessary for final development plans. This property is being offered at $740,520.

    Property Features for 1 Unit Lot

    General Information

    Property type
    Other commercial real estate
    Lot Size
    477,853 SF

    Building Details

    Year Built
    1800
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.14781
    Latitude
    32.20636

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic commercial lot, excellent visibility.
    Where is this commercial real estate located?
    The property is located at 1 Unit Lot Florence, MS.
    What is the asking price?
    The asking price for this property is $740,520.
    (601) 849-3226
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    1 Unit Lot Florence, MS 39073
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Unit Lot Florence, MS 39073
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