3195 Leatherwood Road

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3195 Leatherwood Road

71112, MS 39667
Asking Price
$300K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 23-acre site is currently available for purchase at $299,500.
  • This land tract is situated in the 39667 zip code area.
  • The expansive acreage offers potential for various rural development applications.
  • Investors may consider the property for agricultural or recreational land use.
  • The site is located in a developing area within southern Mississippi.

What's Special

Priced at $299,500, this 23-acre parcel of land sits in a growing region of Mississippi. The site provides a substantial footprint suitable for agricultural development, private recreational use, or long-term investment holding. Its expansive acreage allows for flexible site planning tailored to specific land management or development goals. Proximity to local transit corridors ensures accessible connectivity to neighboring communities and regional service centers within the state. This property represents a functional asset for buyers seeking significant land holdings in a quiet, rural submarket. The layout and scale of the tract accommodate various rural, commercial, or residential site applications depending on regional zoning guidelines and long-term land use requirements.

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NOI
$80,000
Cap Rate
26.71%
DSCR
4.50
Strong
Cash-on-Cash
69.25%
Monthly Payment
$1,481.763
Annual Cash Flow
$62,218.849

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