68956, MS 39046

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68956, MS 39046

Mathiston, MS 39752
Asking Price
$368K
Asset Type
Land
Class
Class B

What's Special

Located at 68956 MS-403 in Mathiston, Mississippi, this land parcel is situated within Webster County. The site offers direct frontage and access via State Highway 403, positioned near the intersection with U.S. Route 82, a primary regional east-west corridor. The surrounding neighborhood is characterized by a blend of rural residential properties, agricultural tracts, and light industrial facilities. Local amenities, including hardware suppliers and essential services, are concentrated in the nearby center of Mathiston. The location provides a logistical connection to Starkville and Eupora, supporting regional transit for commercial vehicles. Given its positioning near major highways, the property is suited for light industrial development, equipment storage, or distribution logistics. The flat topography and highway visibility make it an appropriate site for businesses requiring yard space, such as trucking companies, construction firms, or regional suppliers. A typical tenant profile would include commercial operators seeking a central North Mississippi hub for staging materials or housing a mobile fleet. The acreage also supports long-term investment for agricultural use or private utility development, aligning with the existing zoning and land use patterns of the immediate Webster County area.

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NOI
$80,000
Cap Rate
21.73%
DSCR
3.66
Strong
Cash-on-Cash
52.65%
Monthly Payment
$1,821.282
Annual Cash Flow
$58,144.62

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