SHERI LIPSEY REAL ESTATE

522 & 524 University Dr, Starkville, MS 39759

$2,480,000
Property Type: Commercial Square Footage: 30,492 Lot Size (sq. ft.): 30,492 Status: Pending Continue to Show
Current Price: $2,480,000 List Date: 5/30/2024 Last Modified: 2/05/2026

Description

522 & 524 University Dr, Starkville, MS: Dynamic location Zoned T5-U. This 0.70acre± property is on Univ. Dr. in the heart of the Cotton District, a short walk to the Mississippi State University campus. 522 University Dr has Raintree Apartments (10 renovated units, all 2-bed/1-bath, with granite countertops, & stainless-steel appliances, in two brick buildings); and a 3-bed/2-bath house. 524 University Dr has a house split into 3 apartments that is not habitable at this time. Excellent opportunity for a legacy property as a total redevelopment, or keep the existing structures and bring to a market rental rate. *Owner strongly prefers a long-term ground lease, or a proposal for a joint venture/partnership, but will consider an outright offer to purchase. * Inquire for more info.

More Information MLS# 24-1152

General Property Description

Lot Dimensions: 30492 Building Size: 10664+/- Lot Acres: 0.7 Total SqFt.: 30492

Location, Tax and Other Information

Realtor.COM Type: Commercial Flood Zone: No

Sewer

Public Sewer: 1

Water

Public: 1

Contract Information

Current Price: $2,480,000 Begin Date: 2024-05-29 Status: Pending Continue to Show List Price: $2,480,000

Location Tax and Other Information

Area: 21 - Central Business District House Number: 522 & 524 Street Name: University Dr State/Province: MS Postal Code: 39759 County: Oktibbeha Taxes: 10794.84 Tax Year: 2025 Subdivision: Cotton District Parcel Number: 101D-00-025.00 and 101D-00-024.00

Property Features

Sewer: Public Sewer Water: Public
Listing Office: FARMER COMMERCIAL PROPERTIES
Last Updated: February - 05 - 2026
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