0 Lakeland Dr Flowood, MS 39232
This exceptional 1.1-acre commercial land parcel presents a remarkable investment opportunity in Flowood, Mississippi. Located on Lakeland Drive in Rankin County (zip code 39232), this C1-zoned property boasts convenient access to Lakeland Drive and a nearby traffic signal via a frontage road, ensuring high visibility and accessibility for any commercial venture. The site offers a significant advantage with its direct on/off access to Lakeland Drive, a major thoroughfare experiencing a high average daily traffic count of 55,000 vehicles. This translates to substantial exposure for businesses seeking a prominent location. Further enhancing its appeal, this property is situated outside of any flood plain or flood way, mitigating potential risks associated with flooding. The asking price is $600,000, representing a price per acre of $545,455. This represents one of the last undeveloped tracts of land between Airport Road and the Pearl River, making it a truly unique and highly sought-after opportunity for developers and businesses alike. The large lot size provides ample space for a variety of commercial uses, making it ideal for retail establishments, office spaces, or other commercial developments. Easy access to the traffic signal on Riverview Road further enhances its strategic location and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.