HWY 48

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HWY 48

69546, MS 39638
Asking Price
$1.59M
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total of 398 acres of land.
  • This property is currently available for purchase at $1,592,000.
  • The land is situated with direct access along HWY 48.
  • Property coordinates are located at 31.1028 latitude and -90.9700 longitude.
  • This large parcel serves various agricultural or potential development investment needs.

What's Special

This 398-acre land parcel located on HWY 48 in 39638, MS, is available for purchase and caters to investors and developers seeking large-scale acreage. The property presents a substantial footprint suitable for agricultural operations, long-term timber investment, or potential future development projects. Given the expansive nature of the site, it provides significant versatility for various land-use strategies within this region of Mississippi. The site positioning allows for straightforward accessibility, benefiting from its frontage along the state highway corridor. Investors and operators looking for significant land holdings will find this acreage provides a stable foundation for projects requiring a large, contiguous plot. The rural setting of this submarket supports various industrial or recreational end-uses, allowing the buyer to capitalize on the substantial scale of the property to meet specific operational requirements or investment goals.

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NOI
$80,000
Cap Rate
5.03%
DSCR
0.85
Underwater
Cash-on-Cash
-3.04%
Monthly Payment
$7,876.347
Annual Cash Flow
$-14,516.168

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