Road 383

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Road 383

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 encompasses 40 acres of land in Philadelphia, MS.
  • The site is identified by the address on Road 383.
  • This land parcel is located at coordinates 32.8188, -89.1846.
  • The asset offers potential for diverse land development and agricultural uses.
  • Philadelphia functions as a central hub within East Central Mississippi.

What's Special

This 40-acre parcel on Road 383 in Philadelphia, MS, presents a substantial development prospect within the Neshoba County region. The site provides ample room for various land use applications, ranging from agricultural development and timber management to potential residential expansion or private estate construction. Philadelphia serves as a vital economic hub for East Central Mississippi, benefiting from its regional connectivity and steady growth patterns characteristic of the local landscape. Prospective buyers will find this acreage well-positioned to leverage the area's ongoing demand for land assets. The layout of the tract allows for versatile project planning, accommodating developers and investors interested in securing a foothold in a growing Mississippi market. Its proximity to essential transportation routes ensures that the property remains accessible while maintaining the quiet character typical of this submarket.

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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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