082H-33-015/01.00 Madison, MS 39110
- Land
Current Use by Public Records
- Land
Property Details for 0 082H-33-015/01.00
- Property type
- Land
Description
This exceptional 6.58-acre commercial land parcel sits at the highly visible corner of Highway 51 and Reunion Parkway in Madison, Mississippi, zip code 39110. Currently undergoing rezoning to commercial use, this property presents a unique investment opportunity for retail development. The land is priced between $10 and $12 per square foot, with an asking price of $2,866,248. The property's strategic location benefits from its proximity to a new two-lane road construction project, spanning 1.3 miles from Parkway East to Highway 51. This new east-west corridor will significantly improve traffic flow, providing convenient access to residential areas, schools, and other commercial developments, boosting visibility and accessibility for businesses located on this site. The anticipated increase in traffic volume will create a favorable environment for retail businesses, enhancing their potential for success. All contracts are contingent upon the successful completion of the rezoning process, which is currently underway. This property offers significant potential for growth and contributes to the overall economic development of the community. The parcel is identified by the address 082H-33-015/01.00 and 082H-33-015/00.00.
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
- -90.1154
- Latitude
- 32.4618