9948 Hillview Drive

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9948 Hillview Drive

Meridian, MS 39305
Asking Price
$120K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 34.3-acre parcel is listed for sale at $120,000.
  • Property is situated in the Meridian area of Mississippi.
  • This expansive land asset is located in the 39305 ZIP code.
  • The site offers substantial acreage for various potential development projects.
  • Meridian serves as an established regional economic hub for East Mississippi.

What's Special

Priced at $120,000, this 34.3-acre parcel of land provides a significant development footprint within Meridian, Mississippi. The site occupies a strategic position in a region known for its steady economic activity and accessibility to major regional transport corridors. With expansive acreage available, the property supports a variety of potential development paths, including agricultural use, large-scale residential projects, or industrial expansion depending on local municipal requirements. Meridian serves as a vital hub in East Mississippi, offering a robust foundation for businesses and developers looking to establish a presence in a growing suburban market. The parcel's size and geographic placement offer long-term flexibility for investors seeking raw land assets. Whether aimed at recreational interests or future commercial site planning, the tract provides the scale necessary to accommodate diverse operational goals within the 39305 ZIP code area.

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NOI
$80,000
Cap Rate
66.67%
DSCR
11.23
Strong
Cash-on-Cash
202.43%
Monthly Payment
$593.695
Annual Cash Flow
$72,875.666

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