16.3 Acres of Improved Commercial Land for Sale in Flora, Mississippi

117 SW Fourth St, Flora, MS 39071

Images
Map
Street
1 / 21
$3,195,000
16.34 acres
Active sale agoEst $18,108/mo

Welcome to your future upscale housing development opportunity nestled within the charming city limits of Flora, MS. This expansive 16.38 acre property offers a blend of historic charm and modern potential, presenting an array of possibilities for savvy investors. The centerpiece of this property is a stately 14,000 square-foot school building allegedly built in 1922, with solid brick exterior walls poised to be transformed into luxurious residences. Imagine the allure of exposed brick walls reminiscent of its rich history. Should the buyer desire, the esteemed MS Department of Archives and History stands ready to accept this gem, opening doors to enticing tax credits. Within the school's confines, a well-maintained gym spanning 10,500 square feet awaits, boasting locker rooms, bleachers, and concession facilities. Additionally, the property features two tennis courts and a theater space encompassing 5,000 square feet, complete with a large stage and ample amenities. This package also includes a 2,000-square-foot cafeteria, fully equipped and in place for use. Small hill behind Cafeteria, Main Building and Theater leads down to approximately 10 acres of flat, level ground that could be easily developed. Easement to Hwy 49 could potentially be negotiated with adjacent landowners, opening up traffic count and easing traffic flow. Situated within Flora's city limits, this property enjoys prime frontage on both Fourth and Jackson Street, making it easily accessible and highly visible. Zoned for Special Use, the options for development are vast, limited only by imagination. With Flora Water and Sewer services readily available, the groundwork for success is laid.The canvas is vast, the potential boundless. Seize this opportunity to shape the future of Flora, MS, and make your mark on its storied landscape. Contact Tom today to explore the endless possibilities that await on this remarkable property!Consider the endless possibilities that await:Multi-Unit Complex: Create a vibrant community within these grounds, offering modern living spaces amidst a historical backdropAssisted Living Community: Cater to the needs of seniors in picturesque setting, fostering a sense of comfort and securityPrivate Academy: Establish a prestigious educational institution, leveraging the existing facilities to nurture future generationsShopping Center Lifestyle Complex: Create a dynamic hub for retail, dining, and entertainment10+/- Acres for Development: Harness the expanse of open land for custom projects tailored to meet specific needs and visions.This property could be commercial or residential.

14,000
Sq feet
1937
Built

Directions

Turn right onto Hwy 22/Peach Street and travel .1 mile. Turn left onto SW Fourth Street. After .4 mile the property will be on both sides of the street.

Property details

Coordinates
32.5434, -90.3176
School District
Madison CO Dist
Elevation
249 feet
MLS Number
MGCMLS 4074985
Date Listed

Legal description

Parcels

  • 051d-17a-016-00-00

Property taxes

2023
$9,099

This 16.34-acre property is located at 117 SW Fourth St in Flora, MS 39071 with latitude 32.5434 and longitude -90.3176. The property is currently available for sale for $3,195,000. It has a 14,000 sq ft structure built in 1937. Listing data is sourced from MLS United # 4074985.

Verify sale details at the property source or contact Tom Smith Land and Homes at (601) 454-9397.

Report listing issue

Copyright (C) 2024 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.