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Hwy 72 - @ Hwy 302 97 Acres of Commercial Land Offered at $4,365,000 in Mt Pleasant, MS 38611
Executive Summary
Containing approximately 97+/- acres, this property is an excellent opportunity for a future user or speculative industrial development. This site is currently zoned industrial and is located on US Highway 72 and 302 allowing access to I-269 and other major roadways. Marshall county has become a major distribution submarket for the Memphis MSA. The completion of I-69, joining I-22, Highway 72 and Goodman Road (302), has changed distribution patterns that have shaped the dynamics of industries seeking a competitive advantage in the Memphis market area. With players including Thomas & Betts, Volvo, Niagara, McCormick, Asics and Exel expanding their distribution presence, the area is poised for continued growth and this property offers an excellent option for industrial uses.
Property Facts
| Price | $4,365,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 97.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $4,365,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 97.00 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 |
1 Lot Available
Lot
| Price | $4,365,000 | Lot Size | 97.00 AC |
| Price Per AC | $45,000.00 |
| Price | $4,365,000 |
| Price Per AC | $45,000.00 |
| Lot Size | 97.00 AC |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 129-30-00101 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,716 |
Property Taxes
Parcel Number
129-30-00101
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,716
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