2342 Ferguson Mill Road

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2342 Ferguson Mill Road

70299, MS 39140
Asking Price
$95K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel consists of 2 acres of land for sale
  • Located on Ferguson Mill Road in the 39140 zip code
  • Asking price for the land is set at $95,000
  • Asset is situated at coordinates 31.7123 and -90.0016
  • Site supports potential for residential or commercial development projects

What's Special

Development of this 2-acre parcel at 2342 Ferguson Mill Road provides a strategic opening for a specialized land use project in a quiet Mississippi submarket. Given the configuration and scale of the tract, the site is suitable for residential or low-impact commercial applications requiring land access within the 39140 zip code area. The surrounding region of Mississippi maintains a stable economic base rooted in local industry, offering a predictable landscape for investors or private owners seeking a rural or semi-rural holding. The site sits within proximity to regional transit arteries, facilitating movement throughout the broader county. Potential buyers should evaluate local zoning and topographical requirements to determine the specific suitability for their intended project goals. This acreage represents an opportunity to acquire a defined parcel in an established part of the state, serving as a functional blank canvas for buyers looking to secure land assets in a non-urban setting.

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NOI
$80,000
Cap Rate
84.21%
DSCR
14.18
Strong
Cash-on-Cash
260.91%
Monthly Payment
$470.008
Annual Cash Flow
$74,359.902

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