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Welch Farm Road Road, Madison, MS 39110

$2,500,000
Property Type: Land Lot Size (sq. ft.): 1,278,922 Status: Active
Current Price: $2,500,000 List Date: 7/21/2022 Last Modified: 7/22/2022

Description

These are the last parcels of the developers of Garden Park in Madison. This is a rare opportunity to buy commercial property in the heart of Madison just off the I-55 Madison exit for a deep discount. The developers are offering them in a package deal to close out their partnership. There are two platted lots zoned C-3, ready for construction. There is a 15+/- acre tract, zoned commercial for development, and a 10+/- acre tract that is zoned residential.

More Information MLS# 4024065

Address and Location Information

Street Number Assigned?: No Street Name: Welch Farm Road Street Suffix: Road County: Madison State: MS Zip Code: 39110 Parcel Number: 072c-07a-007/01.00 Community Of: N/A

Listing Information

Status: Active List Date: 2022-07-21 List Price: $2,500,000 Current Price: $2,500,000 Property Sub Type: Unimproved Commercial Lot for Sale Listing Service: Full Service New Construction: No

General Property Information

Approx Lot Size Acres: 29.36 Expandable Area: No List Price/Acre: 85149.86 Divisible: No

Tax and Financial Information

Tax Annual Amount: 17072.7 Tax Year: 2021 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: Lots 1 and 2 Garden Park subdivision. 26+/- acres Welch Farms Road, Madison, MS.

Remarks & Miscellaneous

Public Remarks: These are the last parcels of the developers of Garden Park in Madison. This is a rare opportunity to buy commercial property in the heart of Madison just off the I-55 Madison exit for a deep discount. The developers are offering them in a package deal to close out their partnership. There are two platted lots zoned C-3, ready for construction. There is a 15+/- acre tract, zoned commercial for development, and a 10+/- acre tract that is zoned residential.

Land Details

Acres Wooded: 29

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Show Any Time

Property Features

Current Use: Investment; Office; Residential; Retail; Vacant Possible Use: Commercial; Investment; Retail; Vacant Location: Commercial Retail; Downtown/Urban; Office Park Lot Features: City Lot; Corner Lot Covenants And Restrictions: Building Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Waterfront Features: Pond
Listing Office: Lee Hawkins, Realty
Listing Agent: Bryan Jameson
Last Updated: July - 22 - 2022

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.