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5402 Interstate 55, Jackson, MS 39211

$1,250,000
Property Type: Land Lot Size (sq. ft.): 60,984 Status: Active
Current Price: $1,250,000 List Date: 11/18/2024 Last Modified: 11/18/2024

Description

NOW AVAILABLE FOR PURCHASE: A PRIME 1.4± ACRE COMMERCIAL PROPERTY! Located at 5402 N Highway 55 in Jackson, MS, this C-2 zoned lot is highly visible as it faces the busy I-55 corridor with a traffic count of approximately 101,000 vehicles passing daily, offering unbeatable exposure for businesses. Previously utilized as a used car dealership, the property features a large, paved area, ideal for parking or further development. This location is surrounded by established businesses, including a large car dealership, Mac Haik Chrysler Dodge Jeep Ram, Pendleton Security, and Jaki's Bridal & Formal Wear. With ample space, existing infrastructure, and premium visibility, this property is perfect for automotive, retail, or other commercial uses. Don't miss this exceptional opportunity to secure a prime commercial property in one of Jackson's most dynamic commercial districts. KEY FEATURES • HIGH TRAFFIC EXPOSURE: Situated along the bustling I-55 corridor, this property benefits from an impressive average daily traffic count of approximately 101,000 vehicles, ensuring maximum visibility for any business venture. • ESTABLISHED COMMERCIAL HUB: The site is surrounded by prominent automotive dealerships and is adjacent to businesses such as Pendleton Security and Jaki's Bridal & Formal Wear. Directly across the highway is Mac Haik Chrysler Dodge Jeep Ram, further enhancing the commercial appeal of the location. • INFRASTRUCTURE READY: A significant portion of the property remains paved, providing ample parking space and reducing initial development costs. • HISTORICAL USE: Previously operated as a used car dealership, the property is well-suited for automotive-related businesses but offers flexibility for various commercial enterprises. INVESTMENT HIGHLIGHTS • STRATEGIC LOCATION: Proximity to major highways and established businesses makes this property ideal for retail, automotive, or service-oriented developments. • ZONING ADVANTAGE: The C-2 zoning designation allows for a wide range of commercial uses, offering versatility to potential investors. • MARKET POTENTIAL: Jackson's growing economy and the property's prime location present a lucrative opportunity for business expansion or new ventures.

More Information MLS# 4096973

Address and Location Information

Street Number Assigned?: Yes Street Number: 5402 Street Name: Interstate 55 County: Hinds State: MS Zip Code: 39211 Parcel Number: 5040000760000001 Community Of: N/A

Listing Information

Status: Active List Date: 2024-11-16 List Price: $1,250,000 Current Price: $1,250,000 Property Sub Type: Unimproved Commercial Lot for Sale Listing Service: Full Service

General Property Information

Approx Lot Size Acres: 1.4 Expandable Area: No List Price/Acre: 892857.14 Divisible: No

Tax and Financial Information

Tax Annual Amount: 22848 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: Beg Sw Cor Lot 3 Briarwood Sub Pt 4 W 49.5 Ft To Pob N 200 Ft W 293.05 Ft S 205.04 Ft E 330.25 Ft To Pob Pt Nw 1/4 Se 1/4 Sec 12 T6 N R1 E

Land Details

Road Frontage: 206

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: Commercial; Investment Possible Use: Commercial; Development; Investment; Unimproved Location: Other Lot Features: Corner Lot; Open Lot Covenants And Restrictions: None Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Listing Terms: Cash
Listing Office: Smalltown Hunting Properties &
Listing Agent: Wilson Britt
Last Updated: November - 18 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.