J M Burge

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J M Burge

71234, MS 39402
Asking Price
$337K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • A total of 23.25 acres is available for purchase.
  • The land is situated at J M Burge in Mississippi.
  • The asking price for this property is $337,125.
  • This parcel offers flexible potential for residential or commercial development.
  • The asset is located in the 39402 ZIP code.

What's Special

This land offering presents a sale opportunity ideal for developers or investors seeking to secure a significant parcel in Hattiesburg, Mississippi. Spanning 23.25 acres at J M Burge, the site sits within a growing region of the state that benefits from consistent economic activity and regional connectivity. Given the size and location of this tract, it is well-suited for residential development, industrial expansion, or long-term land banking strategies. The property provides a blank slate for those looking to capitalize on land availability in the 39402 ZIP code area. Its positioning offers access to the infrastructure and transport networks that support the local market. Prospective buyers can evaluate the site for various commercial or residential use cases depending on municipal regulations and future development plans for this corridor. The scale of the acreage allows for flexible site planning, making it a functional acquisition for entities aiming to expand their holdings in this specific Mississippi submarket.

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NOI
$80,000
Cap Rate
23.73%
DSCR
4.00
Strong
Cash-on-Cash
59.31%
Monthly Payment
$1,667.911
Annual Cash Flow
$59,985.073

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