0000 Hill Thompson Rd

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0000 Hill Thompson Rd

Collinsville, MS 39325
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • This expansive parcel encompasses 35 acres of land.
  • The property is located on Hill Thompson Road in Collinsville.
  • The site sits within the stable Meridian, Mississippi metro area.
  • Large acreage allows for diverse residential or commercial development projects.
  • The location provides efficient access to regional highway transit corridors.

What's Special

Development of this 35-acre site in Collinsville, Mississippi, presents a functional land acquisition for investors or builders seeking a sizable footprint in a growing area of the Meridian metro region. Situated along Hill Thompson Road, the parcel offers significant acreage for residential subdivision development, agricultural utilization, or light commercial expansion depending on local municipal requirements. The property benefits from the regional connectivity provided by the nearby highway network that links this part of Lauderdale County to broader industrial and retail centers throughout East Mississippi. The surrounding landscape is characterized by stable suburban and rural growth patterns, providing a quiet setting suitable for long-term land banking strategies. Potential buyers can capitalize on the expansive scale of the lot to execute multi-phase projects within a manageable distance from regional economic hubs. This asset serves as a canvas for projects requiring substantial contiguous acreage in a quiet yet accessible submarket.

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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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