Street Number Assigned?: No

Parcel Number: 092G-26-002/00.00

Directions to Property: From I 55 take the Canton exit then go West on Hwy 22, take a left onto Commercial Parkway then left onto Feather Lane. Property is located to the South of Wal-Mart.

Street Name: Feather

Street Suffix: Lane

County: Madison

State: MS

Zip Code: 39046

Subdivision: Metes And Bounds

Commercial Retail: 1

Listing Service: Full Service

Status: Closed

List Date: 2021-01-14

List Price: $993,000

Current Price: $680,000

Property Sub Type: Acreage (10 acres or less)

Property Sub Type: Acreage (10 acres or less)

New Construction: Yes

Approx Lot Size Acres: 6

Expandable Area: No

List Price/Acre: 165500

Divisible: Yes

Tax Annual Amount: 0

Tax Year: 2020

Homestead Y/N: No

Additional Exemptions Y/N: No

Flood Insurance Required?: No

Leasehold Y/N: No

Association: No

Covenants Y/N: No

Legal Description: From the Point of Commencing, (represented by a 1/2” rebar set), thence run along the Mississippi Department of Transportation’s right of way line of Soldier Colony Road, South 89 degrees 59 minutes 31 seconds West a distance of 125.58 feet; thence continue along said line South 83 degrees 20 minutes 32 seconds West a distance of 302.00 feet to a concrete right of way marker (found broken); thence continue along the right of way, South 89 degrees 59 minutes 32 seconds West a distance of 43.00 feet; thence continue along the right of way South 00 degrees 14 minutes 32 seconds West a distance of 4.59 feet, (said point witnessed by a 1/2” rebar found bearing N 89°57’18” E, 31.96’ said rebar being depicted as the northeast corner of the “new” right of way of Soldier Colony Road according to the Canton Industrial Center, “Right of Way and Easement Plat”, dated November 20, 1992); thence leaving the Mississippi Department of Transportation’s right of way line, run along the northern right of way line of 1606.77’)Soldier Colony Road according to said “Right of Way and Easement Plat”, South 89 degrees 57 minutes 18 seconds West a distance of 65.12 feet to a 1/2' rebar set, said point having a value of N:1125239.72, E:2376989.89 on the above referenced coordinate system; thence leave the road and run North 00 degrees 00 minutes 00 seconds East a distance of 560.71 feet to a 1/2” rebar set on the south line of that certain parcel conveyed to Wal-mart Business Real Estate Trust, per d

Public Remarks: The property contains six acres of land with 600+/- feet of frontage (additional land available to the West if needed). Located adjacent to the Canton Wal-Mart, which was constructed in 2014, and less than one mile from the I-55 Canton exit at Peace Street. Great visibility from I-55 (38,000 vehicle per day) with easy access off of Feather Lane and Soldier Colony Road. Several major nearby employers (Nissan North America, Faurecia, Kasai and Peco Foods) provide the local workforce with a high level of employment stability. Great location for a Hotel, Fast Food, Community Retail Center or Big Box Store. Highlights 6+/- Acre Development Parcel Additional Land Available Adjacent to Canton Wal-Mart 600' Frontage with I-55 Visibility Near I-55 Canton Peace Street Exit Average Daily Traffic Count 38,000 VPD Priced at $3.80 per SF

Other: 1

Public Sewer: 1

Public: 1

Cash: 1

Waterfront: No

None: 1

None: 1

Highway: 1

None: 1

None: 1

None: 1

Contract Date/Pending Date: 2021-09-22

Closing Date: 2021-11-26