Property summary
This exceptional retail property, located at 201 Colony Way in Madison, Mississippi, presents a unique investment opportunity. The 8,072 square foot building, constructed in 2004 and renovated in 2005, sits on a spacious 1.45-acre lot and boasts a convenient 9 parking spaces per 1,000 square feet. Currently, there is 5,728 square feet of vacant space available, ideal for a variety of retail uses. The property is zoned for retail use, catering to a thriving community. Madison, MS, is experiencing significant growth, with a 64% population increase in the last decade, making this a prime location for businesses seeking to capitalize on a burgeoning market. Its convenient location, just a 10-minute drive from Jackson, Mississippi's capital and largest city, provides easy access to a larger consumer base. The property's multiple tenancy allows for flexibility and potential for diverse income streams. This property offers a blend of established infrastructure and high growth potential, making it an attractive investment in a rapidly expanding market. The property's size and location make it suitable for a variety of retail businesses seeking to establish a presence in a dynamic and growing area. The ample parking ensures convenient access for customers. This is a rare opportunity to acquire a well-maintained retail property in a high-growth area of Mississippi.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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