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    Highland Colony Pkwy & Park Pl Blvd Madison, MS 39110

    For Sale
    $625,000

    High-traffic corner lot, ideal for commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.39-acre commercial lot is situated at the highly visible corner of Highland Colony Parkway and Park Place Boulevard in Madison, Mississippi, zip code 39110. Boasting approximately 482 feet of frontage on Highland Colony Parkway, this C-2 zoned property enjoys exceptional visibility and accessibility. The location offers convenient access to Interstate 55 via nearby Highway 463 on/off ramps, less than 1.5 miles away. With an average daily traffic count of 7,700 vehicles on Highland Colony Parkway, this site presents a prime opportunity for a variety of commercial uses, including retail, restaurant, or office development. The property's location just south of Highway 463 in the thriving Madison community ensures high visibility and strong potential for attracting customers and employees. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly growing area. The asking price is $625,000.

    Property Features for 0 Highland Colony Pkwy & Park Pl Blvd

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • High‑visibility frontage on Highland Colony Parkway
    • High traffic count of 7,700 vehicles per day
    • Convenient access to I‑55
    • Located in Madison, MS
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.15132305
    Latitude
    32.46774877

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for commercial development.
    Where is this land located?
    The property is located at Highland Colony Pkwy & Park Pl Blvd Madison, MS.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: High-visibility frontage on Highland Colony Parkway; High traffic count of 7,700 vehicles per day; Convenient access to I-55
    (601) 586-3220
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    Highland Colony Pkwy & Park Pl Blvd 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
    Highland Colony Pkwy & Park Pl Blvd Madison, MS 39110
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