Hwy 15/wickware rd

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Hwy 15/wickware rd

Newton, MS 39301
Asking Price
$121K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The parcel encompasses a total area of 27.69 acres.
  • This land asset is currently listed at 120500 dollars.
  • Property access is provided via Highway 15 and Wickware Road.
  • The site is positioned within the municipality of Newton Mississippi.
  • The land is suitable for industrial or commercial development projects.

What's Special

This 27.69-acre parcel in Newton, Mississippi is currently available for sale, offering a versatile blank slate for various industrial, commercial, or agricultural development projects. Positioned near the intersection of Hwy 15 and Wickware Road, the site benefits from proximity to regional transit corridors, making it an appropriate selection for investors looking to establish a presence in the growing Mississippi economic landscape. The expansive acreage allows for flexible site planning, whether the intended use involves large-scale logistics operations, commercial facilities, or private land development projects tailored to the needs of the local market. Newton serves as a key logistical node within the region, supported by infrastructure that facilitates efficient transit across the state. This site provides the necessary footprint to accommodate substantial growth initiatives while maintaining convenient access to established roadways. Prospective buyers will find this property suitable for long-term hold strategies or immediate site preparation for specific business applications.

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NOI
$80,000
Cap Rate
66.39%
DSCR
11.18
Strong
Cash-on-Cash
201.51%
Monthly Payment
$596.168
Annual Cash Flow
$72,845.981

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