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    OFF-MARKET
    Land

    0 Homestead Dr, Madison, MS 39110

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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
    Allowed · conditional · prohibited
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