2280 Lakeland Dr Flowood, MS 39232-9592
This exceptional 23.41-acre commercial land parcel in Flowood, Mississippi, presents a unique development opportunity. Located on heavily trafficked Lakeland Drive, the property is zoned C-3 Commercial and ideally suited for retail, medical, or mixed-use projects. Approximately 9.86 acres are outside the Pearl River floodway and readily developable. A portion of the property lies within the proposed One Lake Plan, a significant flood-control project funded by the Infrastructure Investments and Jobs Act. This plan offers the added benefit of creating new recreational and business opportunities along the Pearl River shoreline. The property's address is 2280 Lakeland Dr, Flowood, MS 39232, and is offered for sale at $1,950,000. The One Lake Plan's development promises to enhance the property's value and desirability, creating a compelling investment opportunity in a rapidly growing area. This prime location and the potential for significant future development make this a truly exceptional offering. The property's location within Rankin County provides access to a thriving community and strong infrastructure. This is a rare chance to acquire a substantial tract of land with significant development potential in a desirable Mississippi location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.