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Highway 51 U.S. Highway 51

23.57 Acres of Industrial Land Offered at $1,150,000 in Magnolia, MS 39652

Investment Highlights

  • The property includes an active rail spur for a modern rail line, connecting the land to the Canadian National Railway Company's track network.
  • The land is 8 minutes from the McComb Pike County Airport.
  • The cleared land is level with 1,369 feet of frontage on Highway 51 with 6,458 VPD.

Executive Summary

The active rail spur with CN, Canada's largest railway, can hold approximately 30 railcars. The Canadian National Railway Company connects Canada's coasts with about 20,000 total route miles of track. The land's neighboring tenants are Weyerhaeuser Timber Mill and International Paper Mill. With access to the rail line and other manufacturers nearby, the location is a prime industrial development opportunity.

Property Facts

Price $1,150,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Industrial Park
  • Warehouse
Total Lot Size 23.57 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,150,000
Price Per AC $48,791
Lot Size 23.57 AC

The lot is two parcels totaling 23.57 acres and located in Pike County. The land is rough graded and level. Active CN rail spur for 20-35 railcars depending on size of railcar

Description

The property is two parcels totaling 23.57 acres of land. The location provides proximity to the McComb Pike County Airport and Highway 55. With 1,369 feet of frontage on Highway 51, the property has great visibility. The property is zoned industrial. The active rail spur on the property provides ample distribution opportunities.

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Houston
2,325,502
354
6 h 46 m
Dallas
1,345,047
450
8 h 14 m
Fort Worth
895,008
489
9 h 2 m
Nashville
669,053
499
9 h 9 m
Austin
964,254
516
9 h 42 m
San Antonio
1,532,233
559
10 h 15 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
34,544
Total Labor Force
13,494
Unemployment Rate
4.59%
Median Household Income
$35,892
Warehouse Employees
2,822
High School Education Or Higher
83.70%

zoning

Zoning Code I (Industrial)
I (Industrial)
  • Listing ID: 33474996

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: Highway 51 U.S. Highway 51, Magnolia, MS 39652

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