700 Us-51 Madison, MS 39110
Exceptional 14+ acre commercial land parcel in Madison, MS, is offered at $958,000. This fee simple property, located at 700 US-51, boasts a desirable C-2 zoning designation and is priced at $22 per square foot. Situated at the intersection of Highway 51, Colony Park Blvd East, and McClellan Drive, this strategically located site benefits from high visibility and excellent traffic flow. Two traffic signals provide convenient access, with an additional ingress/egress point directly off Highway 51 ensuring optimal traffic management for any development. The property's prime location in Madison County places it within easy reach of Interstate 55, numerous residential neighborhoods, schools, and recreational amenities including the Ridgeland tennis courts and Wolcott Park baseball fields. This makes it an attractive location for a variety of commercial uses, including retail, medical facilities, or office space. The undeveloped land presents a unique opportunity for developers seeking a high-traffic area with strong demographics. The property is bordered by Highway 51 and McClellan Drive on the south side.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.