Pinpoint Commercial Real Estate is proud to present 94 acres available for sale located along Medical Parkway in Flowood, Mississippi. The Parkway serves as an artery from Flowood Drive to Airport Road and is ideally situated for Medical, Office, and Retail users. The acreage is located minutes from the recently opened Sheraton Flowood Hotel, the newly renovated The Refuge Golf Course, and Jackson-Medgar Wiley Evers International Airport. Parcels are available as small as five (5) acres.
Pinpoint’s Ellis “BB” Mitchell is representing the Seller.
“This is one of the most exciting projects I have taken on in my real estate career. We’ll be targeting predominately Hospital and Medical users, as well as Restaurant and Retail users. The Parkway is also subject to the Health Care Industry Zone Incentive which affords users substantial state income and sales tax advantages. Look out for exciting news around the corner on the Medical Parkway.”
Health Care Industry Zone Incentive:
“The Mississippi Health Care Industry Zone Incentive aims to increase the number of health care jobs in the state and expand access to high-quality medical care for Mississippi residents by encouraging healthcare-related businesses to locate or expand in Health Care Zones in the state.”
The Health Care Industry Zone Incentive provides certified businesses with the following incentives:
- An accelerated, 10-year state income tax depreciation deduction; and
- A sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed.
In addition, the program allows counties and cities, at their discretion, to grant a property tax “fee in lieu” for 10 years for any certified project with an investment of more than $10 million or a 10-year ad valorem tax exemption. Certified companies can also qualify for other Mississippi incentive programs.”
To view more information on the Medical Parkway listing click here.
Pinpoint will provide you with a marketing plan and due diligence that will be appropriate for your individual property attracting lucrative returns in your investment. Through our marketing platforms, we ensure that your exposure is both locally & nationally creating a large database of prospective clients. Co-Brokering is an incremental part of our disposition platform as we assist transactions of large corporations with national brokers in disposing of their real estate property to give them the local competitive advantage. For more information on the services provided on this transaction click here.