Property profile

0 Mcmillon Rd Madison, MS 39110

OFF-MARKET
Land
200 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 200 ac (8,712,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mcmillon Rd Madison, MS 39110
Madison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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