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