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    700 Us-51 Madison, MS 39110

    Sponsored
    For Sale
    $958,000

    14+ Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional 14+ acre commercial land parcel in Madison, MS, is offered at $958,000. This fee simple property, located at 700 US-51, boasts a desirable C-2 zoning designation and is priced at $22 per square foot. Situated at the intersection of Highway 51, Colony Park Blvd East, and McClellan Drive, this strategically located site benefits from high visibility and excellent traffic flow. Two traffic signals provide convenient access, with an additional ingress/egress point directly off Highway 51 ensuring optimal traffic management for any development. The property's prime location in Madison County places it within easy reach of Interstate 55, numerous residential neighborhoods, schools, and recreational amenities including the Ridgeland tennis courts and Wolcott Park baseball fields. This makes it an attractive location for a variety of commercial uses, including retail, medical facilities, or office space. The undeveloped land presents a unique opportunity for developers seeking a high-traffic area with strong demographics. The property is bordered by Highway 51 and McClellan Drive on the south side.

    Property Features for 700 Us-51

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 14+ acre commercial land parcel in Madison, MS, priced at $958,000 ($22/SF).
    • C‑2 zoning.
    • High‑visibility location at US‑51, Colony Park Blvd E, and McClellan Dr, with excellent traffic flow and two traffic signals.
    • Easy access to I‑55, residential areas, schools, and recreation.
    • Suitable for retail, medical, or office development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.122610783536
    Latitude
    32.440185749616

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    FAQs

    What type of property is this?
    Land - 14+ Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at 700 Us-51 Madison, MS.
    What is the asking price?
    The asking price for this property is $958,000.
    What are key features of this property?
    This property features: 14+ acre commercial land parcel in Madison, MS, priced at $958,000 ($22/SF).; C-2 zoning.; High-visibility location at US-51, Colony Park Blvd E, and McClellan Dr, with excellent traffic flow and two traffic signals.
    (601) 932-4663
    Request Owner's contact information
    700 Us-51 Madison, MS 39110
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    700 Us-51
    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
    700 Us-51 Madison, MS 39110
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