00 Lewis Rd And Old Trace Rd

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00 Lewis Rd And Old Trace Rd

Mathiston, MS 39752
Asking Price
$84K
Asset Type
Land
Class
Class B

What's Special

Located at the intersection of Lewis Road and Old Trace Road in Mathiston, Mississippi, this commercial land parcel sits within a rural yet accessible corridor. The property is positioned near the junction of Highway 82 and Highway 15, providing direct regional connectivity between Starkville and Winona. The surrounding neighborhood is characterized by a mix of residential acreage, local agricultural operations, and small-scale commercial sites. Basic amenities and municipal services are available in the nearby downtown district of Mathiston, approximately one mile from the site. The site is suited for light industrial storage, commercial equipment yards, or small-scale retail development. Its proximity to major state highways makes it a viable location for logistical support or service-oriented businesses requiring easy transit access. Potential occupants include local contractors needing utility space, agricultural suppliers seeking a distribution point, or developers looking to establish footprint in a growing rural market. The flat topography supports various construction profiles or immediate use for open-air storage.

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NOI
$80,000
Cap Rate
94.87%
DSCR
15.98
Strong
Cash-on-Cash
296.44%
Monthly Payment
$417.199
Annual Cash Flow
$74,993.612

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