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I-55 E Frontage Road, Ridgeland, MS 39157

$6,700,000
Property Type: Land Lot Size (sq. ft.): 480,467 Status: Active
Current Price: $6,700,000 List Date: 9/12/2024 Last Modified: 9/17/2024

Description

Exceptional Commercial Opportunity in Madison County - Premier Location Along I-55 Corridor Seize the chance to own an unparalleled piece of prime real estate in Ridgeland, offering 11.03 acres of premier land in one of the most sought-after commercial areas in Madison County. Perfectly positioned along the bustling I-55 corridor, this property provides unmatched visibility and high traffic exposure from I-55 Frontage Road, Colony Park Blvd, and direct access via Sunnybrook Road. This property is not on one Corner but TWO! Right across the street from the new and exciting TOP GOLF!! Boasting approximately 650 feet of no-access frontage along I-55 AND +/-550 feet along Colony Park Blvd AND +/-400 feet of accessible frontage on Sunnybrook Road. This expansive tract, zoned MU-1, presents limitless potential. Surrounded by key businesses like the Horne CPA headquarters and Top Golf to the north and Patty Peck Honda to the south, this location ensures maximum visibility and seamless accessibility for your next development. This is your opportunity to secure an investment on the hottest property in Madison County—a canvas of potential in a rapidly growing market. With its prime positioning and remarkable exposure, this property is poised to become the centerpiece of any ambitious commercial endeavor.

More Information MLS# 4091166

Address and Location Information

Street Number Assigned?: No Street Name: I-55 E Frontage Street Suffix: Road County: Madison State: MS Zip Code: 39157 Parcel Number: 071f-13d-09/01.00 Directions to Property: Located on corners of E frontage and Colony Park Blvd and Sunnybrook Rd. Community Of: N/A

Listing Information

Status: Active List Date: 2024-09-11 List Price: $6,700,000 Current Price: $6,700,000 Property Sub Type: Unimproved Commercial Lot for Sale Listing Service: Full Service

General Property Information

Approx Lot Size Acres: 11.03 Expandable Area: No List Price/Acre: 607434.27 Divisible: No

Tax and Financial Information

Tax Annual Amount: 2448 Tax Year: 2022 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: 1.08A OUT LOT 7 BLK 5 H/C S/D 2.93 AC OUT LOT 8 BLK 5 H/C S/D 1.53 AC IN LOT 2 HIGHLAND CL BL 1 -47 2 5 4.1 AC IN LOT 1 HIGHLAND CL BL 1- 47 1 5

Land Details

Acres Wooded: 11 Frontage Feet: 1600

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required

Property Features

Current Use: Commercial; Mixed Use; Unimproved Possible Use: Commercial; Development; Investment Location: Commercial Retail Lot Features: Corner Lot Covenants And Restrictions: No Subdivide; See Remarks Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Listing Terms: 1031 Exchange; Cash; Conventional Sale Options: Will Not Divide Price Includes: Land
Listing Office: Southern Homes Real Estate
Listing Agent: Carson Dobbs
Last Updated: September - 17 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.