Active

117 SW Fourth Street

Flora MS, 39071

$3,195,000


$228.21 per sqft

Active

14,000 sqft

Commercial

Built in 1937

Listed by Tom N Smith 6014549397 with Tom Smith Land & Homes

Welcome to your future upscale housing development opportunity nestled within the charming city limits of Flora, MS. This expansive 16.38 acre property offers a blend of historic charm and modern potential, presenting an array of possibilities for savvy investors. The centerpiece of this property is a stately 14,000 square-foot school building allegedly built in 1922, with solid brick exterior walls poised to be transformed into luxurious residences. Imagine the allure of exposed brick walls reminiscent of its rich history. Should the buyer desire, the esteemed MS Department of Archives and History stands ready to accept this gem, opening doors to enticing tax credits. Within the school's confines, a
well-maintained gym spanning 10,500 square feet awaits, boasting locker rooms, bleachers, and
concession facilities.

Additionally, the property features two tennis courts and a theater space encompassing 5,000 square feet, complete with a large stage and ample amenities. This package also includes a 2,000-square-foot cafeteria, fully equipped and in place for use. Small hill behind Cafeteria, Main Building and Theater leads down to approximately 10 acres of flat, level ground that could be easily developed. Easement to Hwy 49 could potentially be negotiated with adjacent landowners, opening up traffic count and easing traffic flow.
Situated within Flora's city limits, this property enjoys prime frontage on both Fourth and Jackson Street, making it easily accessible and highly visible. Zoned for Special Use, the options for development are vast, limited only by imagination. With Flora Water and Sewer services readily available, the groundwork for success is laid.

The canvas is vast, the potential boundless. Seize this opportunity to shape the future of Flora, MS, and make your mark on its storied landscape. Contact Tom today to explore the endless possibilities that await on this remarkable property!

Consider the endless possibilities that await:
Multi-Unit Complex: Create a vibrant community within these grounds, offering modern living spaces amidst a historical backdrop
Assisted Living Community: Cater to the needs of seniors in picturesque setting, fostering a sense of comfort and security
Private Academy: Establish a prestigious educational institution, leveraging the existing facilities to nurture future generations
Shopping Center Lifestyle Complex: Create a dynamic hub for retail, dining, and entertainment
10+- Acres for Development: Harness the expanse of open land for custom projects tailored to meet specific needs and visions.

This property could be commercial or residential. Property just got REZONED in the FLORA Station District.

4103703

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

1


Floor Description

Concrete, Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

16.34 Acres


Exterior Features

Tennis Court(s)


Lot Features

City Lot, Level


Roof

Aluminum


Window

Aluminum Frames, Metal

School Information

Elementary School

Madison County

Other Property Details

Taxes

$9,099


Tax Frequency

Annually


Garage

No


Parking

Paved


View

No


County

Madison


Pool

No


Pool Features

None

The IDX display contains information sourced from the MLS United as of 2/20/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/20/2025 at 9:41 AM UTC

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