Address
117 SW Fourth Street, Flora, MS
Price
$ 3,195,000
Property Attributes
- MLS#4074985
- TypeCommercial
- CountyMADISON
- CityFlora
- NeighborhoodMetes And Bounds
- Zip39071
- StyleSpecial Purpose
- Year Built1937
- Taxes$ 9099
- Price$ 3,195,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14000
- Lot Size16.34 Acres
Data Source:
MLS United
Property Description
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.
| Elementary School |
|---|
| Madison County Elementary School |
| Price History | |
|---|---|
| 3/29/2024 | Listed $3,195,000 |
General Features
| Roof | Aluminum |
|---|---|
| current use | Vacant |
| School District | Madison CO Dist |
| HOA | No |
| New Construction | No |
| Subdivision | Metes And Bounds |
| County | Madison |
| Levels | One |
| Business Type | Other,Special Purpose |
| Property Type | E |
| Location | City,State Highway |
| Accessibility Features | No |
| Possible Use | Commercial,Residential,See Remarks |
| Available Documents | Brochure,Maps,Photographs |
| Tax Year | 2023 |
| Parcel Number | 051d-17a-016-00-00 |
| Status | Active |
| Commercial Features | Other |
| Year Built Source | Owner |
| Sub Type | Special Purpose |
| Year Built | 1937 |
| City | Flora |
| Community Of | N/A |
| Legal Description | LOT 880X742 1/2 FT W OF 4TH ST TWEEN CENTER & MADISON STREETS LESS .59A -14.44 AC- |
| Elementary School | Madison County |
| Structure Type | Other,See Remarks |
| Street Name | Fourth |
| Listing Terms | 1031 Exchange,Cash,Contract,Conventional |
| Flood Insurance Required? | No |
Interior Features
| Flooring | Concrete,Tile |
|---|---|
| Total Floors | 1 |
| SqFt Source | Owner |
| List Price/SqFt | 228.21 |
| Total Square Footage | 14000.00 |
| Window Features | Aluminum Frames,Metal |
Exterior Features
| Exterior Features | Tennis Court(s) |
|---|---|
| Lot Features | City Lot,Level |
| Parking Features | Paved |
| Pool Features | None |
| MLS Identifier | 20210408200911641907000000 |
| Street Number | 117 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 39071
Price
Taxes
Visits
Year Built
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