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.