Hwy 51 / I-55 Development Site

0 Highway 51 Ridgeland, MS 39157

FOR SALE
Property Type:
Other Land
Amount:
$957,450
Last Verified:
Jan 13, 2020


Description

Prime development opportunity located just off one of the busiest retail corridors in the metro area. Situated Between Interstate 55, County Line Road, and Highway 51, this 3.14 acre site provides convenient access and unparalleled visibility. Existing access from West Frontage Road with access ability from Highway 51.

Ridgeland, MS

Lot Size: 3.14 acres

Map of 0 Highway 51 , Ridgeland, MS, 39157

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.