Pointe Wanita Lake Road

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Pointe Wanita Lake Road

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Expansive 120-acre land tract available for immediate purchase.
  • Property is situated in the Meridian, Mississippi market.
  • Versatile acreage suitable for multiple development or land use scenarios.
  • Positioned within a growing and stable regional economic submarket.
  • Strategic location offers proximity to key Mississippi transit corridors.

What's Special

This 120-acre land parcel is currently available for sale, providing a strategic acquisition for investors or developers seeking expansive acreage in Meridian, Mississippi. Situated near the intersection of major regional transit routes, the property benefits from the growth trends characterizing this part of the state. The site serves as a versatile holding for agricultural, recreational, or future industrial development projects, depending on local planning allowances. Meridian remains a key hub within the East Mississippi economic landscape, supporting a diverse workforce and providing infrastructure connections that benefit larger land holdings. Prospective buyers can leverage the significant size of this tract to execute long-term capital improvement plans or site-specific operational requirements. With substantial square footage available, the land offers flexibility for those looking to expand their regional footprint in a stable suburban corridor.

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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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