Nearest Cross Street: Dedeaux

Parcel Number: 1008m-01-008.000

N or S of I-10: N

N or S of CSX Railroad Track: N

Street Number: 11236

Street Name: Lorraine

Street Suffix: Road

County: Harrison

State: MS

Zip Code: 39503

Listing Service: Full Service

Status: Closed

List Date: 2023-01-23

List Price: $1,500,000

Current Price: $1,200,000

Property Sub Type: Unimproved Land

Property Sub Type: Unimproved Land

New Construction: Yes

Property Condition: To Be Built

Approx Lot Size Acres: 2.02

SqFt Source: Public Records

List Price/SqFt: 19.24

Number of Lots: 2

Divisible: No

Year Built Source: Other

Total Floors: 1

Accessibility Features: No

Approx H/C SqFt: 77950

Year Built: 1800

Tax Annual Amount: 2838

Tax Year: 2021

Zoning: C2

Flood Insurance Required?: Subject to Survey

Leasehold Y/N: No

Association: No

Legal Description: PARCEL B- (1.5 AC) BEG 852.7 FT W & 441.5 FT S OF NE COR OF SW 1/4 OF SEC 7 AKA SE COR OF LOT 5 PARTITION OF JESSIE RICHARD W 146 FT N 100 FT W 135 FT TO W MAR OF LORRAINE RD N 205.1 FT ALONG RD E 228 FT S 298.2 FT TO POB PART OF LOT 5 PARTITION OF JESSIE RICHARD (UNRECORDED) PART OF NE 1/4 OF SW 1/4 OF SEC 7-7-10 PARCEL A- COMMENCING AT A 1/2 IRON ROD FOUND AT THE SE CORNER OF LOT 5 TO A1/2 IRON LINE OF SAID LOT 5 FOUND AT THE POB THENCE S 89 59 29 W 226.56 TO 1/2 IRON ROD SET ON THE E MARGIN OF HWY 605. THENCE ALONG CURVE OF SAID E MARGIN OF HWY 605 TO THE RIGHT . RADIUS OF 1354.98 AN ARC OF 77.46 FT AND A CHORD BEARING A DISTANCE OF N20 52 15 E 77 45 TO1/2 IRON ROD SET. THENCE FURTHER ALONG E MARGIN OF HWY 605 N 60 19.21 E 88.31 TO 1/2 IRON ROD SETS MARGIN IF E DEDEAUX RD S89 41.41 E 121.48 TO 1/2 IRON SET ON THE E LINE OF LOT 5 THENCE ALONG SAID E LINES00 22 35 E 115 41 TO THE POB CONTAINING 22,360.54 SF OR .0513 AC

Public Remarks: CALLING ALL DEVELOPERS!!! LOCATION LOCATION LOCATION!VERY DESIRABLE PIECE OF DEVELOPABLE LAND. THESE TWO PARCELS COMBINED ARE A TOTAL OF OVER 2 ACRES. THE LOCATION HAS A PROVEN TRACK RECORD HAVING HAD THE ORIGINAL, HIGHLY SUCCESSFUL, CAPTAIN ALS RESTAURANT AND BAR ON THE PROPERTY FOR DECADES.IT SITS AT THE CORNER OF SR605 AND LORRAINE JUST N OF THE LORRAINE EXIT ON I10. THE PROPERTY IS ZONED C2AND ALLOWS FOR HOTELS, RESTAURANTS, PROFESSIONAL BUILDINGS, TRUCK STOPS, GAS STATIONS, STRIP MALLS, RETAIL AND MANY OTHER USES.

Sold Price/SqFt: 15.39

Contract Date/Pending Date: 2023-02-10

Closing Date: 2023-07-14

Showing: Show Any Time

Auction: No

Basement: No