8024 Old Highway 24

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8024 Old Highway 24

69011, MS 39631
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This parcel consists of 37 acres of land.
  • The property is located at 8024 Old Highway 24.
  • The site is available for purchase in Mississippi.
  • The coordinates for this location are 31.0836, -91.1621.
  • The land offers substantial space for varied development projects.

What's Special

Development of this 37-acre tract of land at 8024 Old Highway 24 provides significant scale for a variety of agricultural, recreational, or residential projects. The site offers expansive acreage in a quiet, rural setting within the Mississippi landscape, allowing for diverse land management or construction opportunities. Its positioning away from dense urban centers makes it well-suited for buyers seeking privacy or large-scale project viability in a region defined by its natural surroundings. Potential land use ranges from agricultural production to the establishment of a private retreat or development of residential holdings depending on local site specifications and requirements. The property size allows for flexibility in site planning and long-term land utility for investors or developers interested in the southern market. Its coordinates place it within a broader regional area that supports outdoor-focused economic activities and rural land investment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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