Road 248

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Road 248

Philadelphia, MS 39350
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property consists of 88 acres of land for sale.
  • The site is located on Road 248 in Philadelphia, Mississippi.
  • It is situated within Neshoba County in a growing submarket.
  • The large land parcel supports multiple commercial or industrial uses.
  • Geographic coordinates for the tract are 32.6422, -89.1253.

What's Special

Philadelphia, Mississippi, functions as a regional hub within Neshoba County, characterized by a steady economic base and a accessible road network. Positioned within this developing Mississippi landscape, the property at Road 248 presents a sizable land tract suitable for various commercial or agricultural development strategies. The site provides 88 acres of open land, offering flexibility for investors or business owners looking to establish a footprint in this growing market. Given the substantial acreage and geographical positioning, this asset serves as an efficient candidate for industrial expansion, large-scale commercial facilities, or rural business operations. The land offers enough scale to support significant infrastructure requirements while maintaining proximity to key local transit routes. Buyers seeking land with development potential in a quiet yet connected submarket will find this parcel serves as a foundational piece for long-term projects.

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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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