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    2.46 Acres Off Lakeland Dr Flowood, MS 39232

    Sponsored
    For Sale
    $875,000

    2.46 Acres, C-1 Zoned, $875,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.46-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Flowood, Mississippi. Ideally situated off Lakeland Drive, this property boasts excellent visibility and convenient access, with easy ingress and egress in both directions. The strategic location places it within the heart of Flowood's rapidly expanding retail sector, ensuring high potential for future development and strong returns. Zoned C-1 residential, this versatile land offers a range of development possibilities. The asking price is $875,000, translating to $6.50 per square foot and a land value of $7 per square foot. Utilities are conveniently located at the property line, simplifying the development process. The property's location at a crossover provides exceptional visibility for any future business. With its prime location, zoning, and accessibility, this parcel represents a rare chance to acquire a highly desirable commercial property in one of Mississippi's most dynamic growth areas. The parcel's APN is G11 000044 00013. This is a vacant lot ready for your vision. Don't miss this opportunity to secure a piece of Flowood's vibrant commercial landscape.

    Property Features for 0 2.46 Acres Off Lakeland Dr

    General Information

    Property type
    Land
    Lot Size
    107,158 SF

    HighLights

    • 2.46‑acre commercial land parcel in Flowood, MS.
    • Excellent visibility and access off Lakeland Drive.
    • Located in Flowood's expanding retail sector.
    • C‑1 residential zoning allows for versatile development.
    • $875,000 asking price; $6.50 PSF; $7 land value PSF.
    • Utilities at property line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Flowood
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.0848222
    Latitude
    32.3396175

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    FAQs

    What type of property is this?
    Land - 2.46 Acres, C-1 Zoned, $875,000
    Where is this land located?
    The property is located at 2.46 Acres Off Lakeland Dr Flowood, MS.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 2.46-acre commercial land parcel in Flowood, MS.; Excellent visibility and access off Lakeland Drive.; Located in Flowood's expanding retail sector.
    (601) 932-4663
    Request Owner's contact information
    2.46 Acres Off Lakeland Dr 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
    2.46 Acres Off Lakeland Dr Flowood, MS 39232
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