Homestead Road

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Homestead Road

Marion, MS 39342
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • A total of 48.32 acres available for development
  • Situated on Homestead Road in Marion, Mississippi
  • Site coordinates located at 32.4104, -88.6171
  • Property offered for sale to investors or developers
  • Expansive land parcel positioned for flexible future use

What's Special

Developers seeking expansive acreage in the Marion, Mississippi market will find this 48.32-acre parcel on Homestead Road suitable for a variety of residential or commercial project pipelines. Positioned within a growing regional corridor, the site offers significant land area for large-scale development in a quiet yet accessible submarket. The terrain allows for flexible master planning to meet local housing demand or specialized commercial requirements as the area continues to develop. Proximity to regional transit routes connects this site to the broader economic base of the metro area. Investors benefit from the substantial footprint provided by this land, which facilitates phased development strategies or long-term land banking. Its location on Homestead Road provides essential infrastructure access for future project scalability and site utility.

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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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