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302 Spring St 3.7 Acres of Commercial Land Offered at $9,995,000 in Starkville, MS 39759

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INVESTMENT HIGHLIGHTS

The property is located in Starkville, which was just named the ''Best Small Town in the South!''

EXECUTIVE SUMMARY

Rare opportunity! 3.7 acres± in the center of Starkville, just down the street from Highway 12, the Cotton District, and the Mississippi State University campus. What a great location in Starkville, just named the ''Best Small Town in the South!'' Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines. Currently on the property are multiple apartment structures and two houses. Owner strongly prefers a long-term ground lease or a proposal for a joint venture/partnership, but will consider an outright offer to purchase; inquire for more info.
Chateau Maroon, 512 Green St: 30 units, all 2-bed/1-bath
University Apts, 302 Spring St: 16 units, all 2-bed/1-bath
Fourplex, office, & shop bldg. at 521 & 523 E Gillespie St
House 515 E Gillespie St: 2-bed/1-bath
House 506 Green St: 3-bed/1-bath
A portion of the property couldn’t be sold until Summer 2027.

Schematic - Spring St

PROPERTY FACTS

Price	$9,995,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Condition	Redevelopment Project	Proposed Use	Commercial Mixed Use Multifamily
No. Lots	1	Total Lot Size	3.70 AC
Zoning	T5-C - Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines.

Price	$9,995,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily
Total Lot Size	3.70 AC
Zoning	T5-C - Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines.

1 LOT AVAILABLE

Lot

Price	$9,995,000	Lot Size	3.70 AC
Price Per AC	$2,701,351.35

Price	$9,995,000
Price Per AC	$2,701,351.35
Lot Size	3.70 AC

Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines.

DESCRIPTION

The parcels total 3.7 acres± in the center of Starkville, just down the street from Highway 12, the Cotton District, and the Mississippi State University campus. What a great location in Starkville, just named the ''Best Small Town in the South!'' Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines. Due to current loan terms on the property, the earliest a closing could occur is Dec. 2025. Owner strongly prefers a proposal for a joint venture/partnership, but will consider an outright offer to purchase. Currently on the property are multiple apartment structures and two houses.

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