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1701 Castle Overlook Drive - 1701, 1703, 1705, 1707 Castle Overlook Dr 0.51 Acres of Commercial Land Offered at $102,529 CAD in Vicksburg, MS 39180

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Investment Highlights

Three Contiguous Lots
Development Plans Included
Downtown Growth Area

Minor Subdivision Complete
Flood Zone X
$75K Total Acquisition

Executive Summary

Bulk Townhome Development Portfolio – 3 Contiguous Lots – Downtown Vicksburg
Property Addresses:
1701, 1703, 1705 & 1707 Castle Overlook Dr
Vicksburg, MS
This small-scale infill development portfolio was previously engineered and designed for townhome construction. Subdivision layout complete with assigned physical addresses. Architectural renderings and development drawings included in sale.
Property Highlights:
• ±0.53 Acres Total
• Three Side-by-Side Contiguous Lots
• Flood Zone X (Not in Flood Hazard Area)
• Development Plans & Renderings Included
• Downtown Growth Location
• Ideal for Townhomes, Build-to-Rent, or Short-Term Rental Investment
Conveniently located near downtown Vicksburg and in close proximity to MCITy, Vicksburg’s business and workforce development center MCITy.
Video rendering of proposed townhomes:
https://www.youtube.com/watch?v=q0neNvvAXXw
Parcels are being sold together as a bulk package.
Offered For Sale By Owner at $75,000.
Serious investor inquiries only.

Castle Alley Bldg. Plans for Townhomes

TheCastleOverlook_CastleHillSubdivision

TheCastleOverlookExterior052920

Property Facts

Price	$102,529 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized General Freestanding Hold For Development Hold For Investment Loft or Creative Space Master Planned Community Neighbourhood Centre Planned Unit Development Storefront, Retail or Office
Sale Conditions	Build to Suit Bulk/Portfolio Sale High Vacancy Property	Total Lot Size	0.51 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	Multi-Family Residential - Multi-Family Residential – Townhome Approved Subdivision Zoned Residential – Approved for Townhome Development (per recorded plat)

Price	$102,529 CAD
Sale Type	Investment or Owner User
Sale Conditions	Build to Suit Bulk/Portfolio Sale High Vacancy Property
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized General Freestanding Hold For Development Hold For Investment Loft or Creative Space Master Planned Community Neighbourhood Centre Planned Unit Development Storefront, Retail or Office
Total Lot Size	0.51 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Multi-Family Residential - Multi-Family Residential – Townhome Approved Subdivision Zoned Residential – Approved for Townhome Development (per recorded plat)

1 Lot Available

Lot 3 Lots

Price	$102,529 CAD	Lot Size	0.51 AC
Price Per AC	$201,036.77 CAD

Price	$102,529 CAD
Price Per AC	$201,036.77 CAD
Lot Size	0.51 AC

Bulk sale of three contiguous platted residential development lots (Lots 28, 29, and 30 – Castle Hill Subdivision) totaling approximately ±0.53 acres, located in the growing downtown Vicksburg corridor.

Description

Three contiguous residential development lots located in the growing downtown Vicksburg corridor. Total Site Area: ±0.53 Acres Addresses Assigned: 1701, 1703 ,1705 & 1707 Castle Overlook Dr Flood Zone X – Not in Flood Hazard Area Previously engineered and designed for townhome construction. Minor subdivision layout complete. Architectural renderings and development drawings included in sale.