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5124 N State Street, Jackson, MS 39206

$750,000
Property Type: Land Lot Size (sq. ft.): 883,397 Status: Active
Current Price: $750,000 List Date: 9/07/2023 Last Modified: 12/06/2023

Description

This is a great opportunity to own a large tract of land just minutes from Fondren fronting North State St. This property has multiple possibilities with being zoned C2 commercial. The property could potentially be divided due to other access points of off Sheppard Rd. There is 8212+/- sqft metal building that could have multiple uses. This property is in the right location to have the possibility of developing Apartment Complex, Town Homes or Condominiums. There is the potential for developing a shopping center as well. So don't miss out on this great opportunity to own this large tract of Commercial Land.

More Information MLS# 4058081

Address and Location Information

Street Number Assigned?: Yes Street Number: 5124 Street Direction: N Street Name: State Street Suffix: Street County: Hinds State: MS Zip Code: 39206 Parcel Number: 0517-0832-000 Community Of: N/A

Listing Information

Status: Active List Date: 2023-09-07 List Price: $750,000 Current Price: $750,000 Property Sub Type: Acreage (more than 10 acres) Listing Service: Full Service New Construction: No

Co-Op and Commission Information

Buyer Agency Compensation: 2.5 Buyer Agency Comp Type: %

General Property Information

Approx Lot Size Acres: 20.28 Expandable Area: Yes List Price/Acre: 36982.25 Divisible: Yes

Tax and Financial Information

Tax Annual Amount: 8672 Tax Year: 2021 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: Yes Legal Description: BEG INT N/L SHELBY RD & E/L N STATE ST NE/LY 171 FT TO POB NE/LY 365 FT E 150 FT NE/LY 31.5 FT E 450.15 FT NE/LY 196 FT E/LY ALONG C/L HANGING MOSS CREEK APPROX 1458 FT S 499 FT W 2058 FT TO POB PT N 1/2 N 1/2 SEC 14 T6N R1E LESS TO CITY FOR ST

Remarks & Miscellaneous

Public Remarks: This is a great opportunity to own a large tract of land just minutes from Fondren fronting North State St. This property has multiple possibilities with being zoned C2 commercial. The property could potentially be divided due to other access points of off Sheppard Rd. There is 8212+/- sqft metal building that could have multiple uses. This property is in the right location to have the possibility of developing Apartment Complex, Town Homes or Condominiums. There is the potential for developing a shopping center as well. So don't miss out on this great opportunity to own this large tract of Commercial Land.

Land Details

Irrigated: No

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: None Possible Use: Commercial; Development; Highway/Tourist Service; Retail; Warehouse Location: Other Lot Features: Other Covenants And Restrictions: Unknown Utilities: Electricity Not Available; Water Available; Other Sewer: See Remarks Water Source: See Remarks Listing Terms: Cash; Conventional Waterfront Features: Creek
Listing Office: Pursuit Properties, LLC
Listing Agent: Jason Murtagh
Last Updated: December - 06 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.