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    OFF-MARKET
    Land

    3960 Highway 16, Canton, MS 39046

    24.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24.37-acre parcel in Canton, Mississippi, offers a unique opportunity for residential development or recreational pursuits. Located on Highway 16, east of Canton, this property enjoys convenient access to local amenities and is situated near Luther Branson Elementary School. The land is zoned for residential use within the highly desirable Madison County, making it an attractive investment. The expansive acreage allows for the creation of a spacious private estate or a potential subdivision project. While a home is currently listed with the property, it holds no added value to the land itself. The strategic location on Highway 16 ensures easy commuting to nearby towns and attractions. Given the high demand for properties of this size and location in Madison County, interested parties are urged to act quickly. This is a rare chance to acquire a significant land holding with excellent potential. The property's zip code is 39046. The coordinates are 32.6689 latitude and -89.812 longitude. The asking price for this remarkable property is $299,000.

    Property profile
    Verified
    Property type Land
    Lot 24.37 ac (1,061,557 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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