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Rare Large Acreage in the City of Jackson | LandCentral

$35,743.52

13.3 acres | Residential Zoning

This large acreage parcel located in Jackson Mississippi is a rare investment opportunity. Being zoned for Multi-Family Residential use, there is potential for development of an apartment complex, group home, townhomes or a care facility. Single family dwellings are also allowed so that is also an option for this property. There are other apartment complexes and several homes in the area. The land is tree covered and borders several other vacant lots. There are two parks just walking distance from the property and stores, churches and schools are all about a mile away. This one will go fast so act today!

Land Specifics Foreclosed

Property Number 10227
Size 13.3 acres
Dimensions 266' x 286' x 684' x 723' x 607' x 333' x 527'
Road Access Access Nearby
Slope Description Mostly Flat
Zoning Residential
Zoning Code R-4 (Multi-Family Residential)
Zoning Definition

R-4 (Multi-Family Residential): Single-Family and Two-Family residential dwellings and accessory structures. 2. Group Homes for the handicapped and personal care facilities housing six (6) or fewer residents, excluding staff. 3. Row or Townhouse dwellings. 4. Zero lot line dwellings. Apartments or multi-family dwellings less than forty-five (45) feet in height. Regulations: 1. Minimum lot area - multi-family dwellings shall have at least 2,000 square feet of land for each family unit thereof. 2. Minimum lot width - eighty (80) feet measured at front building setback line, except that corner lots shall be a minimum of one hundred (100) feet wide. 3. Minimum front yard depth - fifteen (15) feet, measured from any vehicular use area, except where the building fronts on a dedicated street, the front yard requirement shall be increased to twenty-five (25) feet. 4. Minimum side yard depth –fifteen (15) feet, except on a corner lot the minimum side yard depth on the street side shall be twenty-five (25) feet. However, no multi-family dwelling shall be built closer than twenty-five (25) feet to the side lot line of a lot which is zoned R-1 E, R-1A, or R-1, R-2, or R-3 Residential, or which presently has a detached single-family dwelling located on it. 5. Minimum rear yard depth - twenty (20) feet. 6. Maximum height - forty-five (45) feet.

On Property Usage/Potential
  • Investment
Nearby Usage
  • Homesite

Location

County Hinds
State Mississippi
Other Maps

Additional Information

Assessor Parcel Number (APN) 626 460
Estimated Annual Taxes $1860.72
Legal Description

BEG NE COR LOT 18 COOPER SUBURBAN FARMS S 575 FT TO POB W 597 FT S APP 880 FT E APP 597 FT N APP 888 FT TO POB PT LOT 18 COOPER SUBURBAN FARMS & LESS TO VILLA SQUARE LTD

Monthly HOA Dues $0
HOA
HOA Dues $0
HOA Info

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Finance Terms

Foreclosed
Original Price $59,997.00
Purchase Price $35,743.52
Interest Rate 11.7%
Loan Term 12 years
Total Monthly Payment 0

Due Today

Cost to Bring Current $550.00
Down Payment $0.00
Document Fee $0.00
Transfer Tax $0.00
Total Due Today: $550.00

Pay in Full Terms

Foreclosed
Original Price $60,000.00
Purchase Price $35,743.52
Your Price Today = $35,743.52
Document Fee + $149.00
Cost to Bring Current + $550.00
Transfer Tax + $0.00
Total Due Today $36,442.52
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