Leming Road

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Leming Road

Harrisville, MS 39044
Asking Price
$214K
Asset Type
Land
Class
Class B

What's Special

Located on Leming Road in Harrisville, Mississippi, this land parcel is situated within a rural-industrial corridor in Simpson County. The surrounding neighborhood is characterized by a mix of agricultural tracts, timberland, and low-density industrial facilities. The property provides convenient regional connectivity via proximity to Highway 49, a major north-south artery linking Jackson to the Gulf Coast. Local amenities in the nearby Harrisville community center include essential retail and municipal services, while the larger markets of Florence and Magee are accessible within a short driving radius. The site is suited for industrial development, equipment storage, or distribution logistics given its position near established transportation routes. Typical tenant profiles for this asset type include trucking firms, rural manufacturing operations, or solar energy developers seeking expansive, unencumbered acreage. The level topography also supports potential use for outdoor storage or light industrial warehousing. Its location outside of high-density metropolitan areas offers a neutral environment for businesses requiring significant space for operations or future expansion.

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NOI
$80,000
Cap Rate
37.47%
DSCR
6.31
Strong
Cash-on-Cash
105.11%
Monthly Payment
$1,056.282
Annual Cash Flow
$67,324.622

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