174 Catlett Rd, Madison, MS 39110
This exceptional 9.55-acre commercial land parcel presents a remarkable investment opportunity in Madison, Mississippi. Strategically located at the northeast corner of Catlett Road and Gluckstadt Road, this property enjoys high visibility and accessibility. Its prime position directly across from the established First Colony and Belle Terre subdivisions, and its proximity to other upscale Gluckstadt communities, makes it perfectly suited for a neighborhood-oriented development project. The expansive lot size offers considerable flexibility for a variety of commercial ventures. The property's Assessed Parcel Number (APN) is 082d-19-004/01.04. The asking price is $3,639,982, translating to a land value of $381,150 per acre. This represents a compelling value proposition given the property's location and development potential. The address is 174 Catlett Rd, Madison, MS 39110, situated in Madison County. The property's location offers excellent access to major roadways and a thriving residential market, ensuring strong potential for future growth and return on investment. The possibilities for this tract are extensive, making it an attractive prospect for developers seeking a high-impact commercial project in a desirable area. This is a rare opportunity to acquire a significant land holding in a rapidly growing Mississippi market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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