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- 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
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
SVN | Southgate Realty, LLC