Collinsville Rd

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Collinsville 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).

  • The property comprises 62.29 acres of developable land.
  • Located on Collinsville Road in Collinsville, Mississippi 39325.
  • Coordinates for the parcel are 32.4830, -88.8566.
  • The land is available for purchase by interested parties.
  • Property offers significant space for residential or commercial projects.

What's Special

Spanning 62.29 acres, this land parcel on Collinsville Road presents a sizable development opportunity in Collinsville, Mississippi. The property sits within a growing suburban market that maintains strong connectivity to the broader Meridian metropolitan area. Its expansive footprint allows for a variety of strategic uses, ranging from large-scale residential development to agricultural or commercial interests, depending on local municipal requirements. The topography and regional positioning make this an adaptable site for investors looking to establish a presence in a stable, accessible corridor of the state. Prospective buyers will find the acreage well-suited for long-term holding or immediate site preparation. The site benefits from its proximity to established roadways, facilitating logistical movement throughout the region. This land serves as a blank canvas for projects requiring significant square footage in a tranquil yet accessible setting. Developers and investors should evaluate the tract based on their specific land-use objectives and the surrounding infrastructure capacity within this specific segment of Lauderdale County.

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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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