Hwy 19 North

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Hwy 19 North

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 consists of a 218-acre land tract.
  • Located directly on Hwy 19 North in Collinsville.
  • Positioned within the steady Meridian micropolitan economic area.
  • Suitable for residential development or agricultural use cases.
  • Large-scale acreage offers potential for various site configurations.

What's Special

Spanning 218 acres along Hwy 19 North in Collinsville, Mississippi, this expansive land parcel presents a significant footprint for development or agricultural utilization. The property benefits from its position within the Meridian micropolitan area, providing accessibility to regional infrastructure and major thoroughfares. Investors and developers will find the substantial scale of this tract suitable for a range of potential applications, including residential subdivision development, large-scale commercial storage, or private recreational use. The terrain offers ample space for projects requiring high visibility and connectivity to the surrounding rural landscape. Local market dynamics in the Lauderdale County region remain rooted in a blend of agricultural output and steady commercial growth, supporting various long-term land holding strategies. This site represents a practical acquisition for parties seeking significant acreage in an established corridor of the state.

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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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