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Hwy 72 - @ Hwy 302

97 Acres of Commercial Land Offered at $4,365,000 in Mt Pleasant, MS 38611

Commercial Land Mississippi Mt Pleasant Hwy 72, Mt Pleasant, MS 38611

Executive Summary

Containing approximately 97+/- acres, this property is an excellent opportunity for a future user or speculative industrial development. This site is currently zoned industrial and is located on US Highway 72 and 302 allowing access to I-269 and other major roadways. Marshall county has become a major distribution submarket for the Memphis MSA. The completion of I-69, joining I-22, Highway 72 and Goodman Road (302), has changed distribution patterns that have shaped the dynamics of industries seeking a competitive advantage in the Memphis market area. With players including Thomas & Betts, Volvo, Niagara, McCormick, Asics and Exel expanding their distribution presence, the area is poised for continued growth and this property offers an excellent option for industrial uses.

Attachments

2021 72 and 302 Land

Property Facts

Price $4,365,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Industrial
No. Lots 1 Total Lot Size 97.00 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $4,365,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 97.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $4,365,000 Lot Size 97.00 AC
Price Per AC $45,000
Price $4,365,000
Price Per AC $45,000
Lot Size 97.00 AC
1 of 1

PROPERTY TAXES

Parcel Number 129-30-00101 Improvements Assessment $0
Land Assessment $0 Total Assessment $10,716

PROPERTY TAXES

Parcel Number
129-30-00101
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,716

zoning

Zoning Code C2
C2
(901) 375-4800

Contacts

  • Listing ID: 18522182

  • Date on Market: 2/14/2020

  • Last Updated:

  • Address: Hwy 72, Mt Pleasant, MS 38611

More public record information on Hwy 72, Mt Pleasant, MS 38611

The Land Property at Hwy 72, Mt Pleasant, MS 38611 is currently available for sale. Contact Colliers for more information.

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Hwy 72 - @ Hwy 302
(901) 375-4800 x

Hwy 72 - @ Hwy 302

1/2

Andy Cates

(901) 375-4800

(901) 375-4800

Andrew Phillips

(901) 289-6805

(901) 289-6805

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