Espey Hedgepeth Road

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Espey Hedgepeth Road

Bailey, MS 39320
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property features 29 acres of land in Bailey.
  • The site is located on Espey Hedgepeth Road in Mississippi.
  • This expansive parcel offers potential for agricultural or recreational use.
  • The location is positioned within the broader Meridian metropolitan area.
  • Investors may consider this tract for long-term land development goals.

What's Special

This 29-acre parcel of land is situated on Espey Hedgepeth Road in Bailey, Mississippi. The site provides significant acreage for buyers looking to acquire large-scale property in a growing rural submarket within the Meridian metropolitan area. Given the expansive nature of the site, it is well-suited for agricultural use, large-tract residential development, or private recreational investment. The surrounding region maintains a steady connection to regional infrastructure, allowing for straightforward logistics when managing or developing the site. Whether for long-term land banking or immediate utilization, this property represents a functional asset for investors seeking raw land in Lauderdale County. The topography and size of the tract allow for diverse layout configurations depending on intended use cases and local development requirements.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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