Online Auction

Online Auction

MS Land Portfolio – Auction 1

26 +/- Acres - Selling As An Entirety

Located on Old Canton Road in Ridgeland ( Madison County), MS

Selling As An Entirety

Online Auction

Auction Opens:
May 2, 2024 8:00 am CDT

Auction Closes:
May 9, 2024 2:00 pm CDT

An exceptional 26 +/- acre commercial development opportunity awaits with prime road frontage along roads North Park Drive, County Line Road, and Old Canton Road.

This property, zoned for general commercial and mixed use, boasts proximity to shopping centers and colleges, particularly highlighting its advantageous connection to Ridgeland and the surrounding area. With its strategic location and expansive acreage, this development site offers a unique chance for a lucrative investment in a thriving community known for its growth and economic potential.

Opportunity zoned: The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a mechanism to provide tax incentives for investment in designated census tracts. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.

 

ZONED – HWY Commercial/General Commercial, General Commercial, Mixed Use

J. P. King Auction Company, Inc., Jerry Craig King Broker # B13745, J. Craig King, Auctioneer 561, J. King, Auctioneer #354, Edward Perman, III, Apprentice Auctioneer #3082

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