Property profile

201 Colony Way Madison, MS 39110

OFF-MARKET
Retail properties & Spaces
8,072 SF Built 2004
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2004
Total area 8,072 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 Colony Way Madison, MS 39110
Madison metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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