201 Colony Way Madison, MS 39110
- Retail properties
- 8,072 SF
Current Use by Public Records
- Retail properties
Property Details for 201 Colony Way
- Year built
- 2004
- Property size
- 8,072 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Mississippi
- Longitude
- -90.1443
- Latitude
- 32.4741
