+21

0.1 Acres for Sale in Clarksdale, Mississippi

0.1 Acres for Sale in Clarksdale, Mississippi

$2,500

John Liah

John Liah

John Liah

By Owner
1 Reviews

Property Details

Property Description

Flat Cleared Vacant Lot In Clarksdale, Mississippi.

You are presented with a good opportunity to be a land owner at a low price. Use this rare opportunity to diversify your investment or build your portfolio. If you are still wondering if buying a vacant infill lot is a good move, then are the reasons you should buy a vacant lot in the city limits.

Investing in a vacant infill lot can be a smart decision for several reasons. Here are some of the key benefits: 

 

 1. Prime Location 

  - Infill lots are typically located in established neighborhoods, where infrastructure like roads, utilities, schools, and public transportation is already in place. 

  - These areas often have high demand for housing or commercial space due to their proximity to urban centers or desirable amenities. 

 

 2. Lower Development Costs 

  - Since the surrounding infrastructure is already developed, costs for connecting utilities (water, electricity, sewage) are usually lower compared to building on undeveloped land. 

  - There's no need to clear dense vegetation or prepare raw land extensively. 

 

 3. **High Appreciation Potential** 

  - Infill lots are often located in areas where land is scarce. As cities expand, the value of well-placed lots in developed areas can increase significantly over time. 

 

 4. **Development Flexibility** 

  - Infill lots can be used for a variety of purposes, such as residential housing, mixed-use development, or commercial projects, depending on zoning laws. 

  - Creative developers can maximize the potential of these lots by tailoring projects to meet local demand. 

 

 5. **Reduced Environmental Impact** 

  - Building on an infill lot avoids urban sprawl, which can lead to deforestation, loss of farmland, and increased commute times. 

  - Many municipalities encourage infill development as a way to promote sustainability and reduce environmental strain. 

 

 6. **Favorable Financing and Incentives** 

  - Some local governments offer incentives, tax breaks, or grants for infill development to revitalize older neighborhoods or underused areas. 

  - Favorable loan terms may also be available for projects on infill lots. 

 

 7. **Market Demand for Urban Living** 

  - Many people prefer living closer to city centers for shorter commutes and access to amenities. Infill lots allow developers to cater to this growing market demand. 

 

 8. **Lower Acquisition Costs** 

  - Compared to buying an already-developed property in the same area, purchasing a vacant lot is often more affordable. 

  - For investors, this lower upfront cost can result in higher long-term returns. 

 

 9. **Minimal Maintenance Before Development** 

  - Unlike buildings that may require ongoing maintenance, vacant lots have minimal holding costs until they're developed. 

  - This can make them a low-risk asset to hold while planning or waiting for market conditions to improve. 

 

 10. **Community Development Opportunities** 

  - Investing in infill lots can be an opportunity to revitalize and improve communities by replacing underutilized spaces with modern developments that meet local needs. 

 

 

Lot Features:

 

APN: 40324146000E0000800

GPS Coordinates: 34.194744, -90.569357

Zoning: Residential

Terrain : flat

Property Type: Vacant Lot

 

Pricing:

 

Discounted Cash price: $2,500

 

Seller financing options( Full Price) :

 

$200 Down and $150 for 25 months

 

$200 Down and $200 for 19 months

 

$200 Down and $250 for 15 months

 

No prepayment penalty. Early payoff is perfectly fine with us.

 

 

Documentation and recording fees: $250

Listing fee: $150

Disclaimer From LandCentury

The information within this listing is posted by a private or third-party seller, and we do not guarantee the accuracy of the information enclosed. We encourage you always to verify ownership and property details listed. As a precaution, due diligence in any real estate transaction is encouraged, and closing through a verified title company is advised. To the maximum extent permitted by law, we do not accept any responsibility to any person for the accuracy of the information herein.

Local Information

Open Map in Google Maps