169 Lakeview Dri, Madison, MS, 39110

169 Lakeview Dri Madison, MS 39110

169 Lakeview Dri, Madison, MS, 39110
169 Lakeview Dri, Madison, MS, 39110 169 Lakeview Dri, Madison, MS, 39110
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,039,000
Last Verified:
Jun 23, 2024

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Highlights

  • I-55 visibility
  • Commercial land priced at under $6/SF
  • Office / Medical development potential

Description

Accessed from Lakeview Drive off of Lake Castle Road - Payne Realty has listed this +/- 4.05 acres in the City of Madison. This property is visible from Interstate 55 and is zoned C-1 Commercial. The property currently has two residential homes located on the property but is being marketed commercially for under $6/SF at approximately $5.90/SF. Please call our offices for more information on this property.

Accessed from Lakeview Drive off of Lake Castle Road.

Lot Size: 4.05 acres

Map of 169 Lakeview Dri, Madison, MS, 39110

Presented by:
Payne Realty

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Tommy Payne


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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.