234 Salers Road

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234 Salers Road

Carthage, MS 39051
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Available property consisting of 53 acres in Carthage, Mississippi.
  • Parcel offers significant scale for potential development or land banking.
  • Located in Leake County with access to regional highway networks.
  • Property dimensions accommodate a wide range of prospective land uses.
  • Suited for investors or developers seeking large rural tracts.

What's Special

This 53-acre parcel in Carthage, Mississippi, is currently for sale and presents a functional acquisition for developers or investors seeking land for diverse project applications. The tract provides significant acreage within this growing regional market, allowing for flexible site planning. Its geography supports potential development paths ranging from residential expansion to agricultural or industrial use depending on local requirements and municipal oversight. Carthage serves as a central hub within Leake County, benefiting from regional connectivity and a steady local economy driven by manufacturing and agricultural output. The size of the holding facilitates large-scale land banking or phased construction initiatives for entities looking to secure a footprint in the area. Given the expanse of the property, buyers can evaluate various zoning possibilities to align with long-term portfolio goals or specific enterprise needs. The location balances proximity to essential infrastructure with the privacy afforded by its rural setting, making it a viable candidate for a variety of future land development projects.

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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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