000 Katherine Dr Flowood, MS 39232
This exceptional 0.44-acre commercial lot, located at 000 Katherine Drive in Flowood, Mississippi, presents a prime opportunity for development. Boasting C-2 zoning, this property offers significant potential for a variety of commercial ventures. The lot features a desirable 114+ foot frontage on Lakeland Drive, ensuring high visibility and accessibility for any new construction. Its level topography simplifies the building process, minimizing site preparation costs and expediting project timelines. The location itself is a key advantage, situated in a high-traffic area of Flowood, guaranteeing substantial exposure to potential customers. With several other available lots in the immediate vicinity, this property offers a unique chance to establish a presence in a thriving commercial district. The 19,166 square foot parcel is ready for immediate development, making it an attractive investment for businesses seeking a strategic location with excellent visibility and convenient access. This is a rare opportunity to acquire a build-ready lot in a prime commercial area of Flowood. Don't miss out on this chance to secure a valuable piece of Flowood real estate.
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.