0 Old Mayhew Rd Starkville, MS 39759
This exceptional 8.34-acre commercial land parcel presents a compelling investment opportunity in Starkville, Mississippi. Ideally situated on Old Mayhew Road, this property boasts unparalleled access, just minutes from Mississippi State University. The site features a 30-foot deeded asphalt drive providing ingress/egress from Highway 182, along with approximately 909 feet of frontage on Old Mayhew Road. Asphalt drives are conveniently located on both sides of the property, enhancing accessibility and utility. The property is zoned MDU-9, making it particularly well-suited for the development of student housing or apartment complexes. This zoning designation offers significant potential for high-density residential construction, catering to the substantial student population and growing community needs. The property's location, combined with its zoning and excellent access, creates a unique opportunity for developers seeking a prime location for a high-return investment. The APN is 159-31-017.06. The asking price for this exceptional property is $579,630. This is a rare opportunity to acquire a significant land holding in a rapidly developing area with strong potential for future growth.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.