8487 Mississippi 19

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8487 Mississippi 19

Collinsville, MS 39325
Asking Price
$55K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Four-acre land parcel located in Collinsville, Mississippi
  • Direct site access provided via Mississippi 19
  • Total asking price set at 55100 dollars
  • Property represents a versatile investment for various land uses
  • Positioned within the established Meridian micropolitan regional market

What's Special

Situated in the growing community of Collinsville, Mississippi, this 4-acre land parcel provides direct access to Mississippi 19. The site is positioned within the Meridian micropolitan area, a region characterized by its stable economy and accessibility to major regional transportation corridors. Its expansive layout and local positioning make this tract suitable for a variety of development projects, ranging from residential home site construction to agricultural or private recreational use. Buyers seeking to secure a footprint in the Mississippi 19 corridor will find this site well-positioned for future utility. The acreage remains versatile for those evaluating land-based investment strategies in Lauderdale County, offering clear frontage and consistent topography.

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NOI
$80,000
Cap Rate
145.19%
DSCR
24.46
Strong
Cash-on-Cash
464.18%
Monthly Payment
$272.605
Annual Cash Flow
$76,728.743

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