Florence Dr Florence, MS 39073
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Florence Dr
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Florence, Mississippi. Located just off Highway 49 South, this wooded property boasts convenient access to a major thoroughfare. The recent completion of the $253 million Highway 49 expansion in August 2022 significantly enhances the property's value and accessibility. Priced at $144,000, or $7,200 per acre, this represents a compelling value in a rapidly developing area. The property is zoned R-1, allowing for single-family residential development, offering considerable flexibility for future projects. This is a significant land holding, and the owner will not consider selling any portion of the 20 acres
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
- Florence
- County
- Simpson
- State
- Mississippi
- Longitude
- -90.1321
- Latitude
- 32.1757