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    2470 Flowood Dr Flowood, MS 39232

    Sponsored
    For Sale
    $2,784,355

    7.99 Acres, Prime Location, $2.7M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.99-acre commercial land parcel presents a compelling investment opportunity in Flowood, Mississippi. Located at 2470 Flowood Drive, this property boasts a strategic position on the south side of Flowood Drive, just west of its intersection with Mangum Drive. The land is situated in Rankin County, MS, zip code 39232, and encompasses the area south of Loop Road. The asking price is $2,784,355, translating to $8 per square foot. This prime location offers significant potential for development, particularly given its proximity to Newsouth Neurospine, a prominent spine care provider in Mississippi. The property's APN is E10H-000008-00000. The seller is open to considering land splits, making this an even more flexible investment. The sale terms require cash to the seller. While the cap rate is undisclosed, the property's location and potential for development make it a highly attractive proposition for discerning investors. The last update to this listing was April 3rd, 2023. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Mississippi community.

    Property Features for 2470 Flowood Dr

    General Information

    Property type
    Land
    Lot Size
    348,044 SF

    HighLights

    • 7.99‑acre land parcel.
    • $8 per square foot sale price.
    • $2,784,355 total sale price.
    • Land division possible.
    • Cash purchase only.
    • Cap rate not disclosed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Dental Office Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flowood
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1096584
    Latitude
    32.3223077

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    FAQs

    What type of property is this?
    Land - 7.99 Acres, Prime Location, $2.7M
    Where is this land located?
    The property is located at 2470 Flowood Dr Flowood, MS.
    What is the asking price?
    The asking price for this property is $2,784,355.
    What are key features of this property?
    This property features: 7.99-acre land parcel.; $8 per square foot sale price.; $2,784,355 total sale price.
    (601) 981-1170
    Request Owner's contact information
    2470 Flowood 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
    2470 Flowood Dr Flowood, MS 39232
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