0 Homestead Dr, Madison, MS 39110
This exceptional 29,615 square foot commercial land parcel is ideally situated in Madison, Mississippi, offering unparalleled potential for development. Located off Highway 51 in the 39110 zip code, on Homestead Drive, this property enjoys convenient access to Interstate 55, less than three miles away. The site is gated, enhancing security and providing a desirable setting for a variety of commercial ventures. Its C2 zoning permits a wide range of uses, making it particularly well-suited for medical, dental, or physical therapy offices. Preliminary assessments suggest the site could comfortably accommodate a building exceeding 5,500 square feet. The property presents a unique opportunity for investors and developers alike, with the added benefit of potential build-to-suit options. This prime location, combined with its size and zoning, makes this an exceptional investment opportunity in a thriving Mississippi market. The asking price for this remarkable property is $175,000. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing area.
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.