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    Mcmillon Rd Madison, MS 39110

    Sponsored
    For Sale
    $4,270,000

    200 Acres, Prime Residential Estate

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 200-acre property in Madison County, Mississippi, presents a unique investment opportunity. Located on McMillon Rd, near the vibrant Town of Livingston development and the expansive Lake Caroline community, this land offers unparalleled access to amenities and a desirable lifestyle. Lake Caroline boasts an 835-acre lake, providing residents with boating, fishing, and other water activities. The larger Lake Caroline development encompasses approximately 3,000 acres and includes a restaurant, an 11-acre park, a championship golf course, pools, playgrounds, and tennis courts. The property's "Residential Estate" zoning allows for a variety of development possibilities. With approximately 22,059 households within a 7-mile radius, this location offers significant potential for residential growth and development. The asking price for this expansive parcel is $4,270,000. The property's convenient location, combined with its proximity to established amenities and a thriving residential area, makes it an attractive proposition for discerning investors seeking a prime residential land development opportunity in Madison, MS, zip code 39110. The property is situated at 32.549638 latitude and -90.177283 longitude.

    Property Features for 0 Mcmillon Rd

    General Information

    Property type
    Land
    Lot Size
    8,712,000 SF

    HighLights

    • $4,270,000 asking price.
    • 200‑acre land parcel.
    • Residential zoning.
    • Located in Madison, MS, on McMillon Rd, zip code 39110.
    • Five miles from the Town of Livingston development and adjacent to Lake Caroline, a large residential community with amenities including a lake, golf course, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.177283
    Latitude
    32.549638

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - 200 Acres, Prime Residential Estate
    Where is this land located?
    The property is located at Mcmillon Rd Madison, MS.
    What is the asking price?
    The asking price for this property is $4,270,000.
    What are key features of this property?
    This property features: $4,270,000 asking price.; 200-acre land parcel.; Residential zoning.
    Request Owner's contact information
    Mcmillon Rd Madison, MS 39110
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    Madison, MS 39110
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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
    Mcmillon Rd Madison, MS 39110
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