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2.27 AC Commercial Tract fronting I-55

Area of new hotels and restaurants! +/- 250 ft frontage on I-55

Property is zoned C-3. Located between Adkins Blvd and Briarwood Dr on I-55 S Frontage Rd.  READY TO BUILD * PERFECT HOTEL SITE! This parcel is 1 of 2  being offered with a combined total of 3.36 acres.

Details

2.27 AC Commercial Tract fronting I-55:
2.27 AC Commercial Tract fronting I-55

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Property Still Available - Call 601.209.3291 or email kelly@auctionbluesky.com for information.

PLEASE BE SURE TO VIEW THE DOCUMENTS RELATED TO THIS PROPERTY (CLICK DOCUMENTS BUTTON LOCATED ON RIGHT HAND SIDE OF SCREEN).

Subject property zoned C3 Highway Commercial.  This parcel qualifies for (4) 50 ft driveway/curb cuts.  Subject property is cleared, leveled and no fill dirt has been brought in. 

2007 Traffic map is included in the documents to the right.  The only place in the state of Mississippi with a higher traffic count is the intersection of I-55 and I-20.

11 comparable sales are on the documents to the right.  Note that many of these comps date back to 1993.  The corner of Beasley Rd. and the I-55 S frontage rd, beside the just constructed Burger King recently sold for $12.00 sf and is in the process of building a large convenience store/gas station/fast food combination.

In the documents to the right is a letter dated Sept. 5, 2007 from the Army Corp of Engineers indicating the results from an evaluation for a permit to build a 121 unit extended stay hotel.  The results from this evaluation indicate that based on the construction of the proposed commercial development,  there was no additional work to be done to the site in accordance with the Clean Water Act and also indicates that this determination of permit requirements is valid for a period not to exceed 5 years from the date of this letter.  The copy of this letter has been supplied for informational purposes only.

AuctionServices
KELLY HOGUE
133 Executive Dr., Suite C, Madison, MS 39110
(601) 209-3291 or (601) 853-0682