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Featured Listing: 61.53+/- Acre Residential Development Land Canton MS (100439)

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Angeline on the Lake 161.53+/- Acre Residential Development Land Canton MS (100439)

Highlights

  • This listing consists of approximately 161.53+/- acres of residential development land
  • The entire property is in a Qualified Opportunity Zone
  • Nissan North America auto plant is about six miles from the site (6,400 employees)
  • A portion of the site would be appropriate for a Build-for-Rent community of homes
  • Portion of the site would be advantageous for LIHTC based on the demand in the area

Description

This listing is an opportunity for an investor and developer to develop approximately 161 acres of residential land. The property is currently zoned Madison County, MS R-5, which allows for denser residential development. Being in an opportunity zone provides the potential for long-term capital gain protection and opportunity. Located only about six miles from a Nissan North America auto plant, there is a need for appropriately scaled and priced homes.

Go to SFRhub.com to learn more about this residential development land opportunity for sale.

This post is only valid within 30 days of original posting date and is considered void after this designated time frame.

Broker of Record
Gene Carothers, CCIM
Managing Director
SVN | Southgate Realty, LLC
B-6634
601.264.4622
gene.carothers@svn.com

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