161 Smith Road

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161 Smith Road

69067, MS 38732
Asking Price
$285K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total of 1.68 acres of land.
  • The property is currently listed for sale at $285,000.
  • This parcel is situated in the 38732 area of Mississippi.
  • The land is identified by the address 161 Smith Road.
  • Geographic coordinates for the lot are 33.7471 latitude and -90.6762 longitude.

What's Special

Development of this 1.68-acre parcel located at 161 Smith Road presents a functional option for investors seeking land in the 38732 zip code of Mississippi. Positioned within a localized market, the site offers sufficient acreage for a range of commercial or light industrial improvements, depending on site-specific planning requirements. The topography and regional context suggest feasibility for projects requiring direct accessibility and manageable site maintenance. As Mississippi continues to see moderate growth across various suburban and rural corridors, land holdings in this vicinity provide a practical foundation for long-term holding or immediate site preparation. Buyers and developers can evaluate the surrounding landscape to determine the highest and best use for the property based on the regional zoning environment and infrastructure capacity. This offering at 161 Smith Road serves as an entry point for those looking to secure a foothold in a regional Mississippi submarket with potential for tailored development initiatives.

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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706

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