121 Colony Crossing Way, Madison, MS 39110 (MLS# 4080093)
121 Colony Crossing Way, Madison, MS 39110
$2,675,000
Property Type:
Commercial Sale
Square Footage:
9,786
Lot Size (sq. ft.):
45,738
Status:
Closed
Current Price:
$2,750,000
List Date:
5/18/2024
Last Modified:
11/20/2024
Description
Once a small farming community, Madison, Mississippi is one of the fastest growing cities in the state and consistently recognized as one of the best places to live by various national publications. This premium location is at the heart of the state's highest household income. The high visibility, corner location is an outparcel of the Colony Crossing center at the intersection of Highway 463 and Highland Colony Parkway. Kroger anchored shopping center outparcel. Well-constructed and meticulously maintained property. Excellent visibility from major roadways. Signalized access to Highway 463. Ample parking with deeded shared parking. Long lease terms remaining with stable tenant mix.
More Information MLS# 4080093
Address and Location Information
Nearest Cross Street: Highway 463 at Highland Colony Parkway
Parcel Number: 071a-01d-004-05-00
Community Of: N/A
Street Number: 121
Street Name: Colony Crossing
Street Suffix: Way
County: Madison
State: MS
Zip Code: 39110
Location
City Street: 1
In Shopping Center: 1
Paved: 1
Shopping Mall: 1
Strip Mall: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2024-05-18
List Price: $2,750,000
Current Price: $2,675,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 1.05
SqFt Source: Public Records
List Price/SqFt: 281.01
Year Built Source: Public Records
Total Floors: 2
Accessibility Features: No
Approx H/C SqFt: 9786
Year Built: 2007
Tax and Financial Information
Tax Annual Amount: 34117
Tax Year: 2023
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: COLONY CROSSING AT MADISON LOT 5 PLAT CABINET D-110 BEING 1.02 ACC
Remarks & Miscellaneous
Public Remarks: Once a small farming community, Madison, Mississippi is one of the fastest growing cities in the state and consistently recognized as one of the best places to live by various national publications. This premium location is at the heart of the state's highest household income. The high visibility, corner location is an outparcel of the Colony Crossing center at the intersection of Highway 463 and Highland Colony Parkway. Kroger anchored shopping center outparcel. Well-constructed and meticulously maintained property. Excellent visibility from major roadways. Signalized access to Highway 463. Ample parking with deeded shared parking. Long lease terms remaining with stable tenant mix.
Status Change Info
Sold Price/SqFt: 273.35
Contract Date/Pending Date: 2024-05-18
Closing Date: 2024-07-31
Current Use
Retail: 1
Business Type
General Business: 1
Restaurant: 1
Retail: 1
Lot Features
Level: 1
Sewer
Public Sewer: 1
Commercial Features
Dumpster: 1
Fire Sprinkler System: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Concrete Perimeter: 1
Slab: 1
Auction
Auction: No
Exterior Construction/Siding
Brick: 1
Metal Siding: 1
Exterior Features
Rain Gutters: 1
Basement Features
Basement: No
Flood Insurance
Unknown: 1
Available Documents
Brochure: 1
Uncovered Parking?
26-50 Spaces: 1
Property Features
Business Type: General Business; Restaurant; Retail
Current Use: Retail
Commercial Features: Dumpster; Fire Sprinkler System
Lot Features: Level
Location: City Street; In Shopping Center; Paved; Shopping Mall; Strip Mall
Cooling: Central Air
Heating: Central
Utilities: Electricity Available; Natural Gas Available; Water Available
Sewer: Public Sewer
Water Source: Public
Foundation Details: Concrete Perimeter; Slab
Listing Terms: Cash
Exterior Features: Rain Gutters
Flood Insurance: Unknown
Available Documents: Brochure
Listing Office:
Overby, Inc.
Listing Agent:
Amanda P Overby
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.