862 Highway 49 Richland, MS 39218
- Commercial real estate
- 8.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 862 Highway 49
- Lot size
- 8.91 lot acres
- Property type
- Commercial real estate
- APN
- D07C000006 00000
Description
This exceptional 8.91-acre commercial land parcel is strategically located at 862 Highway 49 S in Richland, Mississippi, offering unparalleled visibility and accessibility. Boasting 900 feet of frontage on the northbound lane of Highway 49 S, this property sits conveniently north of Best Western and Super Walmart, ensuring high traffic volume. The site is situated outside the floodplain, mitigating risk and offering development flexibility. The seller will consider dividing the property to accommodate various development needs. An easement provides access to Roland Drive, offering an alternative route and connection to the Super Walmart traffic signal at Harper Street via Crossroads Drive. This prime location benefits from a significant traffic count, with a 51,000 MDOT AADT (Average Annual Daily Traffic). The property is zoned for commercial use and is priced competitively at $1,350,000, or $151,685 per acre. The APN is D07C000006 00000. This presents a rare opportunity for investors and developers seeking a high-impact location in a thriving Mississippi market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richland
- County
- Rankin
- State
- Mississippi
- Longitude
- -90.15776330375
- Latitude
- 32.224162482291
