Auction Details

41+/- Acres Development Ready


Dates
Starts: MOTIVATED SELLER

The subject site is designed for single family housing development and has been vetted with the City of Canton. One of the owners has retired.

Housing in is in high demand in Madison County, in part to the thousands of individuals employed at Nissan's North American Assembly facility in Canton, Mississippi.
This is an ideal site for a homebuilder or group of home builders to share in this unique development opportunity.

The property is situated south of East Academy Street, east of Weems Street, north of East Dinkins Street, and west of Meadow Drive in the north central portion of Canton, Madison County, Mississippi. The subject parcel has a maximum east-west depth of approximately 955.64 feet and a maximum north-south width of approximately 2,052.85 feet. The subject site fronts along the east and west sides of Woodland Drive for a distance of 2233.76 feet. Woodland Drive is accessed by East Academy Street which borders the property to the north. The parcel contains a total of 40.38 acres of land, more or less.East Academy Street (primarily east-west) is a city street that is situated within Canton and connects the subject site to all areas of canton, Interstate #55, and Highway #16. It is paved with asphalt and provides access to the other primary traffic arteries that lead to all areas of Madison County and the Jackson Metropolitan Area. Public water and sewer service is available at the site. In addition, other public utilities include electricity, natural gas, cable television, and telephone service.

Additional Details

Nearest MSA:Jackson
County:Madison
Taxing Authority:Madison County
Tax ID/APN:STREET_ROW_56004
Site Description:The subject site is an irregularly shaped parcel of land that is situated south of East Academy Street, east of Weems Street, north of East Dinkins Street, and west of Meadow Drive in the north central portion of Canton, Madison County, Mississippi.
Area Description:Canton, Madison County, Mississippi
Topography:Level
Available Utilities:Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service:Municipal
Sewer Type:Municipal

 

REAL ESTATE TERMS: The successful bidder will be required to make a 10% non-refundable deposit the day of the auction.  The sale IS NOT subject to the buyer’s ability to obtain financing nor any other contingency, feasibility period, or the results of inspections or appraisals.  Should the buyer default and fail to close as specified, the buyer will forfeit their deposit, which will immediately be released to the Auction Co. / Broker.  A 10% buyer’s premium is in effect and will be added to final bid accepted, subject to Sellers Confirmation, which will establish the final contract or sales price.  Closing will be within 30 days of the auction date.  If Seller fails to close  or deliver clear title, the Auction Co. / Broker will not be responsible.  If for any reason the sale cannot be consummated because of the seller, the down payment will be refunded.  Closing costs will be paid for by the buyer.  The property is offered “AS IS – WHERE IS” with no contingencies, repairs, clean up or improvements.  Prospective buyers should inspect the property prior to sale day.  Information provided by auction co. is believed to be accurate; however, auction co. does not guarantee accuracy of the information provided.  Successful bidder will be required to sign a contract upon conclusion of the bidding.    Bidder understands and agrees that William Head and Head Auctions & Realty represents the Sellers and will not be considered an agent for the Bidder.

Proposed Development Plat

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Property Info Pack

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Proposed Development Flyer

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Property Info Pack

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Head Auctions & Realty
Office: 601-613-8693
Fax: 601-853-7772
4842 Main St. • P.O.Box P
Flora MS 39071

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