Highway  15

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Highway 15

Louisville, MS 39339
Asking Price
$187K
Asset Type
Land
Class
Class B

What's Special

Situated along Highway 15 in Louisville, Mississippi, this land parcel offers direct frontage on a primary regional corridor. The surrounding neighborhood features a mix of industrial facilities, timber operations, and local retail centers. The property is positioned near the intersection of Highway 14, providing convenient access to the central business district and regional transit routes. Basic municipal utilities and services are available within the immediate vicinity, supporting the logistical needs of the area's established commercial sector. The site is suited for industrial development, equipment storage, or distribution facilities catering to the region’s manufacturing and forestry industries. Typical tenants or owner-users may include logistics firms, light manufacturers, or specialty trade contractors requiring high visibility and highway accessibility. Given the level topography and road frontage, the land also supports commercial service applications or secondary retail development designed to serve high-volume vehicular traffic passing through Winston County.

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NOI
$80,000
Cap Rate
42.78%
DSCR
7.21
Strong
Cash-on-Cash
122.81%
Monthly Payment
$925.174
Annual Cash Flow
$68,897.912

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