Highway 51 Madison Commercial Lot

1242 Highway 51 Madison, MS 39110

1242 Highway 51, Madison, MS, 39110
1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110 1242 Highway 51, Madison, MS, 39110
FOR SALE
Property Type:
Commercial Land Development
Amount:
$258,500
Last Verified:
Sep 15, 2023

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Description

1.2 +/- acres fronting Hwy 51 in Madison.
Site Plan Available

From Madison, North on Hwy 51, past Homestead Drive on the right. Directly across from Madison Public Works Department.


Year Built: 1940
Building Size: 1330sq ft
Building Class: C
Lot Size: 1.2 acres

Map of 1242 Highway 51, Madison, MS, 39110

Presented by:
Sperry Commercial Global Affiliates - JD Johnson Realty

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Jon-David Johnson


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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.