3.7acres Spring Gillespie Green Streets
Rare opportunity! 3.7 acres± in the center of Starkville, just down the street from Highway 12, the
Marketing description
Rare opportunity! 3.7 acres± in the center of Starkville, just down the street from Highway 12, the Cotton District, and the Mississippi State University campus. What a great location in Starkville, just named the ''Best Small Town in the South!'' Zoning is mostly T5-C, and some zoned TN-E. Excellent potential for redevelopment, subject to city guidelines. Currently on the property are multiple apartment structures and two houses. Owner prefers a long-term ground lease or a proposal for a joint venture/partnership, but will consider an outright offer to purchase.
A portion of the property couldn’t be sold until Summer 2027.
Investment highlights
Chateau Maroon, 512 Green St: 30 units, all 2-bed/1-bath
University Apts, 302 Spring St: 16 units, all 2-bed/1-bath
Fourplex, office, & shop bldg. at 521 & 523 E Gillespie St
House 515 E Gillespie St: 2-bed/1-bath
House 506 Green St: 3-bed/1-bath
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