46.5 Acres with a Home in Madison County at 1300 Highway 49

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46.5 Acres with a Home in Madison County at 1300 Highway 49

Flora, MS 39071
Asking Price
$944K
Asset Type
Land
Class
Class B

What's Special

1300 Highway 49 is situated on 46.5 acres in Madison County, within the rural-fringe corridor of Flora, MS. The property offers significant frontage along Highway 49, a primary arterial route providing direct northward access to Yazoo City and southward connections to the Jackson metropolitan area. The immediate neighborhood consists of a blend of residential estates, agricultural tracts, and light industrial facilities. Nearby amenities include localized retail and dining in the town of Flora, located approximately three miles away. The site's position facilitates heavy vehicle transit and logistical accessibility via the regional highway network. This expansive land asset is suited for diverse applications, including residential subdivision development, private estate use, or light industrial projects. The existing home on the site offers potential for conversion into a site office or administrative headquarters. Typical buyers or occupants for a property of this scale and location include residential developers seeking proximity to Madison County growth, recreational land users, or logistics-oriented enterprises requiring high-visibility road frontage. The level topography and open layout support versatile site planning for both commercial and agricultural purposes.

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NOI
$80,000
Cap Rate
8.47%
DSCR
1.43
Strong
Cash-on-Cash
8.46%
Monthly Payment
$4,670.397
Annual Cash Flow
$23,955.237

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