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    Ms-468 Flowood, MS 39232

    For Sale
    $1,346,000

    Prime 5.15-acre site, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.15-acre commercial land parcel, situated in the thriving city of Flowood, Mississippi, presents a remarkable investment opportunity. Located on Highway 468 (Flowood Drive), this property enjoys a highly visible position, considered the southern gateway to Flowood. Zoned R-2 (Limited Multifamily Residential District), the land offers diverse development potential, including office, medical, and retail uses. Its strategic location just north of the I-20, Hwy 49, and I-55 interchange provides unparalleled access to major transportation arteries, making it highly attractive to businesses requiring convenient interstate connectivity. The property boasts notable neighbors such as Rankin Rental Company, Puckett Machinery, and Nucor Metals, further enhancing its desirability and potential for synergy. Adding to its appeal, the site is directly across from the entrance to Crystal Lake, offering a picturesque setting and potential access to recreational amenities. The asking price is $1,346,000, translating to $261,359 per acre, reflecting the prime location and development potential of this exceptional offering. The property is ready for immediate development, making it an attractive option for investors seeking a high-return opportunity in a rapidly growing area. This is a rare chance to acquire a significant land holding in a prime location within the city of Flowood.

    Property Features for 0 Ms-468

    General Information

    Property type
    Land
    Lot Size
    224,334 SF

    HighLights

    • 5.15‑acre commercial land parcel in Flowood, MS, on Highway 468.
    • High‑visibility location, considered the southern gateway to Flowood.
    • R‑2 zoning allows for office, medical, and retail development.
    • Unparalleled access to I‑20, Hwy 49, and I‑55 interchange.
    • Desirable location near Rankin Rental, Puckett Machinery, and Nucor Metals.
    • Across from Crystal Lake entrance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flowood
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1416145
    Latitude
    32.3017128

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    FAQs

    What type of property is this?
    Land - Prime 5.15-acre site, ideal for development.
    Where is this land located?
    The property is located at Ms-468 Flowood, MS.
    What is the asking price?
    The asking price for this property is $1,346,000.
    What are key features of this property?
    This property features: 5.15-acre commercial land parcel in Flowood, MS, on Highway 468.; High-visibility location, considered the southern gateway to Flowood.; R-2 zoning allows for office, medical, and retail development.
    (601) 606-1900
    Request Owner's contact information
    Ms-468 Flowood, MS 39232
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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
    Ms-468 Flowood, MS 39232
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