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    Land

    174 Catlett Rd, Madison, MS 39110

    9.55 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 9.55 ac (415,998 SF)
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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