Improved Mixed-Use Land for Sale in Flora, Mississippi
117 SW Fourth St
Flora, MS 39071





















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 backdropAssisted Living Community: Cater to the needs of seniors in picturesque setting, fostering a sense of comfort and securityPrivate Academy: Establish a prestigious educational institution, leveraging the existing facilities to nurture future generationsShopping Center Lifestyle Complex: Create a dynamic hub for retail, dining, and entertainment10+/- 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.
Directions
Turn right onto Hwy 22/Peach street and travel .1 mile. Turn left onto SW Fourth Street. After .4 mile the property will be on both sides of street.
Location
- Street Address
- 117 SW Fourth St
- County
- Madison County
- Elevation
- 249 feet
Property details
- MLS Number
- MGCMLS 4103703
- Date Posted
Property taxes
- 2024
- $9,099
Parcels
- 051d-17a-016-00-00
Legal description
LOT 880X742 1/2 FT W OF 4TH ST TWEEN CENTER & MADISON STREETS LESS .59A -14.44 AC-
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Mixed Use
Structure
- Stories
- 1
- Materials
- Brick
- Roof
- Aluminum
Exterior
- Features
- City Lot, Level, Tennis Court(s)
Interior
- Floors
- Concrete, Tile
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Madison County | Elementary | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Feb 13, 2025 | New listing | $3,195,000 | — | MGCMLS |