Ms-468 Flowood, MS 39232
- Land
- 5.15 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ms-468
- Lot size
- 5.15 lot acres
- Property type
- Land
- Property subtype
- Investment properties
Description
This exceptional 5.15-acre commercial land parcel, situated in the thriving city of Flowood, Mississippi, presents a remarkable investment opportunity. Located on Highway 468 (Flowood Drive), this property enjoys a highly visible position, considered the southern gateway to Flowood. Zoned R-2 (Limited Multifamily Residential District), the land offers diverse development potential, including office, medical, and retail uses. Its strategic location just north of the I-20, Hwy 49, and I-55 interchange provides unparalleled access to major transportation arteries, making it highly attractive to businesses requiring convenient interstate connectivity. The property boasts notable neighbors such as Rankin Rental Company, Puckett Machinery, and Nucor Metals, further enhancing its desirability and potential for synergy. Adding to its appeal, the site is directly across from the entrance to Crystal Lake, offering a picturesque setting and potential access to recreational amenities. The asking price is $1,346,000, translating to $261,359 per acre, reflecting the prime location and development potential of this exceptional offering. The property is ready for immediate development, making it an attractive option for investors seeking a high-return opportunity in a rapidly growing area. This is a rare chance to acquire a significant land holding in a prime location within the city of Flowood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flowood
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.1416
- Latitude
- 32.3017
