0 Mcmillon Rd Madison, MS 39110
This exceptional 200-acre property in Madison County, Mississippi, presents a unique investment opportunity. Located on McMillon Rd, near the vibrant Town of Livingston development and the expansive Lake Caroline community, this land offers unparalleled access to amenities and a desirable lifestyle. Lake Caroline boasts an 835-acre lake, providing residents with boating, fishing, and other water activities. The larger Lake Caroline development encompasses approximately 3,000 acres and includes a restaurant, an 11-acre park, a championship golf course, pools, playgrounds, and tennis courts. The property's "Residential Estate" zoning allows for a variety of development possibilities. With approximately 22,059 households within a 7-mile radius, this location offers significant potential for residential growth and development. The asking price for this expansive parcel is $4,270,000. The property's convenient location, combined with its proximity to established amenities and a thriving residential area, makes it an attractive proposition for discerning investors seeking a prime residential land development opportunity in Madison, MS, zip code 39110. The property is situated at 32.549638 latitude and -90.177283 longitude.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.