Current Use by Public Records
- Specialty properties
Property Details for 109 Mkt Pl Ln
- Lot size
- 1.50 lot acres
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This 7,000 square foot mixed-use property, formerly "The Mighty Crab," sits on a 1.5-acre lot in Flowood, Mississippi, offering a prime redevelopment opportunity. Located at 109 Mkt Pl Ln, 39232, this C-Class, vacant property boasts 100 parking spaces and a 12-foot ceiling height. The property is zoned C-2 and features a NNN lease type. The asking price is $2,500,000. Its strategic location in Flowood's thriving business district, near major hospitals and with high visibility on a six-lane road (51,000 vehicles per day), makes it ideal for a variety of high-volume uses. Significant nearby development is underway, including a new Chick-fil-A and a planned shopping center, medical center, and hotel on adjacent rezoned land. A new property entrance and exit have been approved. This presents a unique chance to capitalize on Flowood's rapid growth and high traffic volume. The property is available for occupancy December 1, 2023.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flowood
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1179
- Latitude
- 32.3295
