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 built circa 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 also includes a 2,000-square-foot cafeteria, fully equipped for use. A small hill behind the 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!
117 NW Fourth Street , Flora, Mississippi 39071
Directions from Hwy 49 and Hwy 22 in Flora, MS: 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 the street.
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Listing Agent
Tom Smith, ALC
Broker & Owner
Tom is the Principal Broker of Tom Smith Land and Homes. Tom Smith is a native Mississippian from Meridian and attended Mississippi State University. Tom began his career in Real Estate in Madison in 2002. He takes a business approach to his real estate practice, as he spent 27 years in executive management positions with companies including Wal-Mart, and Home Depot as well as serving as CEO of other retail companies throughout the country.
Tom has achieved the highly coveted Accredited Land Consultant (ALC) designation from the Realtor Land Institute in November of 2006, which makes him one of the few Realtors in the Southeast U.S. holding this designation and qualifying him to assist you with all of your land needs. He is also an APEX award winner as being named one of the top performing Brokers in America by The Realtors Land Institute. He specializes in recreational tracts, timber investment, commercial investment properties and 1031 Tax Free Exchanges. He is an avid outdoorsman who enjoys hunting, fishing, boating and golf.
Tom and his wife of 25 years, Ellen, reside in Lake Caroline (Madison), MS. They have two beautiful daughters, with Kit being married and living in Memphis, TN and Samantha, who is a Junior at College of Charleston in Charleston, SC.
Madison Office
Specialty
- Recreational Properties
- Timber Investment Tracts
- Production Farmland
- Estate Property