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1123 Peace Street - Canton Residential Development Opportunity 5.29 Acres of Residential Land Offered at $279,500 in Canton, MS 39046
Investment Highlights
- 9,200 ADT
- Less than 5 miles from the Amazon Mega Site.
- Located on HWY 22 / East Peace Street, the commercial corridor of Canton.
Executive Summary
Located 5 miles from the Madison County Mega Site, this 5.29-acre parcel offers a rare opportunity for residential development within the city limits of Canton, MS. Zoned R-1, the property is ideal for a single-family subdivision. The site features direct access to utilities, strong surrounding demographics, and sits in a growth corridor supported by steady housing demand.
Strategically positioned along a high-visibility commercial corridor, the property also offers future potential for rezoning to commercial use. Surrounded by a mix of retail, service businesses, and healthcare providers, the location presents a compelling case for commercial conversion. Whether developed as a residential neighborhood or repositioned for commercial use, this site represents a flexible, high-upside investment.
Strategically positioned along a high-visibility commercial corridor, the property also offers future potential for rezoning to commercial use. Surrounded by a mix of retail, service businesses, and healthcare providers, the location presents a compelling case for commercial conversion. Whether developed as a residential neighborhood or repositioned for commercial use, this site represents a flexible, high-upside investment.
Property Facts
| Price | $279,500 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Total Lot Size | 5.29 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R1 - Residential | ||
| Price | $279,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 5.29 AC |
| Opportunity Zone |
Yes |
| Zoning | R1 - Residential |
1 Lot Available
Lot
| Price | $279,500 | Lot Size | 5.29 AC |
| Price Per AC | $52,835.54 |
| Price | $279,500 |
| Price Per AC | $52,835.54 |
| Lot Size | 5.29 AC |
5.29 Acres directly on HWY 22 / East Peace Street with 9,200 ADT perfect for a residential development of conversion to light commercial.
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $10,020 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,020
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1123 Peace Street - Canton Residential Development Opportunity
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