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    3960 Ms-16 Canton, MS 39046

    Sponsored
    For Sale
    $299,000

    Prime 24-acre commercial lot in Madison County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 24.37-acre commercial land parcel presents a remarkable investment opportunity in Canton, Mississippi. Strategically located on Highway 16, east of Canton, this property enjoys convenient access to local amenities and attractions. Its proximity to Luther Branson Elementary School adds to its desirability. Situated in Madison County, a highly sought-after area, this expansive lot offers significant versatility for various development projects. Whether envisioning a large-scale commercial venture or a substantial private estate, the possibilities are extensive. The property's size allows for considerable flexibility in design and development. While listed with a home, the home holds no added value to the overall property assessment. The asking price reflects the significant land value alone. Given the high demand for properties of this size and location in Madison County, interested parties are urged to act swiftly. This is a rare opportunity to acquire a substantial land holding in a prime location. The property's address is 3960 MS-16, Canton, MS 39046.

    Property Features for 3960 Ms-16

    General Information

    Property type
    Land
    Lot Size
    1,061,557 SF

    HighLights

    • $299,000 asking price.
    • 24.37‑acre commercial land parcel.
    • Located in Canton, MS, Madison County, on MS‑16.
    • High‑demand location near Luther Branson Elementary School.
    • Versatile development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Madison
    State
    Mississippi
    Longitude
    -89.8121205
    Latitude
    32.6701191

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    FAQs

    What type of property is this?
    Land - Prime 24-acre commercial lot in Madison County.
    Where is this land located?
    The property is located at 3960 Ms-16 Canton, MS.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; 24.37-acre commercial land parcel.; Located in Canton, MS, Madison County, on MS-16.
    (601) 738-9464
    Request Owner's contact information
    3960 Ms-16 Canton, MS 39046
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    Canton, MS 39046
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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
    3960 Ms-16 Canton, MS 39046
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