61.10-Acre Commercial Development Property – Magnolia, MS

Located in the northeast quadrant of the Interstate 55 and Mississippi Highway 48 interchange, this property consists of three adjoining parcels totaling 61.10 acres, according to Pike County tax records provided by the listing broker.

The parcels are being marketed together as one package. With frontage on Highway 48 and the I-55 northbound entrance ramp, the property offers a commercial development opportunity along the interstate corridor in Southwest Mississippi.

The property includes two ponds and a residence on the one-acre parcel.

The property is located at I-55 Exit 10 and Mississippi Highway 48, also known as West Bay Street, within the City of Magnolia. Addresses include 1004 and 1006 West Bay Street.

The listing broker supplied the following MDOT 2025 annual average daily traffic counts for nearby sections of Interstate 55:

• North of Highway 48: 21,000 vehicles per day

• South of Highway 48: 18,000 vehicles per day 

• Parcel 340710-E: 30.30 acres; vacant land along the I-55 frontage

• Parcel 340710-F: 29.80 acres; 1006 West Bay Street

• Parcel 340710: 1.00 acre; 1004 West Bay Street; includes a residence

• Total acreage: 61.10 acres
   
• Owner: Arrow Management LLC
   
• Asking price: $3,050,000

The listing broker reports that the City of Magnolia has confirmed commercial zoning and identifies the property as FEMA Flood Zone X.

Utilities are reported available by the listing broker. Specific service connections, line sizes, and available capacity have not been confirmed. Power capacity is being investigated.

Prospective buyers should verify zoning requirements, flood designation, access, utilities, and suitability for their proposed use.

Bennie Slade
Atlas Real Estate
Phone: 985-507-0014
Email: a2gumbo@gmail.com

For pricing, property details, or to schedule a showing, contact Bennie Slade.