CR 2418

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CR 2418

Hickory, MS 39332
Asking Price
$105K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Forty acres of land available for purchase in Hickory
  • Priced at 105000 dollars for the entire parcel
  • Located on CR 2418 within the 39332 zip code
  • Suitable for various agricultural or private development projects
  • Property sits in a quiet rural Mississippi market area

What's Special

Agricultural expansion or private development represent primary use cases for this 40-acre land tract located on CR 2418 in Hickory, Mississippi. This parcel provides significant acreage for buyers seeking space for farming, timber management, or potential rural residential projects. Situated within Newton County, the property benefits from the quiet, rural landscape that characterizes this portion of the state, while remaining within reach of regional connectivity corridors. The site offers sufficient scale for diverse land management strategies, appealing to investors looking to diversify portfolios with raw acreage or individuals seeking substantial land holdings in a developing suburban and rural market. The open nature of the terrain allows for flexible planning and site configuration based on specific owner requirements. Its position in the Hickory area provides a quiet setting suitable for long-term land banking or specialized agricultural operations, supported by the steady economic activity found across East Central Mississippi.

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NOI
$80,000
Cap Rate
76.19%
DSCR
12.83
Strong
Cash-on-Cash
234.18%
Monthly Payment
$519.483
Annual Cash Flow
$73,766.207

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