Newton Martin Road

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Newton Martin Road

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).

  • Parcel encompasses 15 acres of land in Collinsville
  • Property is situated on Newton Martin Road
  • Land offers versatile potential for industrial or residential use
  • Site resides within the growing East Mississippi corridor
  • Large acreage provides flexibility for diverse development projects

What's Special

Development potential defines this 15-acre parcel on Newton Martin Road in Collinsville, Mississippi. The expansive site provides significant acreage for residential subdivision, agricultural operations, or industrial storage requirements. Its position within the broader Lauderdale County region offers proximity to regional transit corridors and the economic activities surrounding Meridian, serving as a gateway to the growing East Mississippi industrial landscape. The topography and size allow for flexible site planning, accommodating various commercial or private development strategies. Investors and builders will find this land suited for projects requiring substantial footprint and strategic access to the local infrastructure grid. As the surrounding submarket continues to see steady interest from those seeking land in proximity to established municipal services, this site remains a practical acquisition for long-term development or strategic land banking.

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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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