+/- 2.64 Acres in Madison, Mississippi -Visbile from I-55

169 Lakeview Drive Madison, MS 39110

169 Lakeview Drive, Madison, MS, 39110
169 Lakeview Drive, Madison, MS, 39110 169 Lakeview Drive, Madison, MS, 39110
FOR SALE
Property Type:
Commercial Land Development
Amount:
$805,000
Last Verified:
Jul 17, 2024

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Highlights

  • Future Development Potential
  • Visible from Interstate 55 to 100,000 + vehicles per day
  • Priced to sell at just over $6/SF

Description

Payne Realty is pleased to offer for sale this property located just off of and visible from Interstate 55 - with a total size of +/- 2.64 acres. Zoned C-1 in the City of Madison. This property is accessed from Lakeview Drive however the property can potentially be accessed from Highland Colony Parkway (please call for details). The property is priced at just over $6/SF and has several potential possibilities for development. Please call our office for more information on this property or to schedule a tour.

Located off of interstate 55 on Lakeview Drive

Lot Size: 2.64 acres

Map of 169 Lakeview Drive, 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.