Road 602

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Road 602

Philadelphia, MS 39350
Asking Price
$150K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 80-acre land parcel is available for purchase at $150,000.
  • This expansive property is situated directly along Road 602 in Philadelphia.
  • The site provides substantial acreage for agricultural or future development projects.
  • Neshoba County offers a strategic regional location for long-term land investment.
  • Primary transit routes provide access to the broader central Mississippi market area.

What's Special

Priced at $150,000, this 80-acre land tract is positioned along Road 602 in Philadelphia, Mississippi. The expansive parcel provides significant acreage for diverse development or agricultural applications within this growing regional market. Its geographic location in Neshoba County offers proximity to local transit corridors, supporting various commercial or rural investment strategies. The property characteristics allow for flexible planning, catering to investors interested in land banking or long-term site preparation for future expansion. Given the size and terrain, the site is suitable for forestry, agricultural pursuits, or private land holding strategies. The Philadelphia area maintains a steady local economy supported by its central position in the region, offering a balance between quiet rural landscapes and access to primary state routes. Interested parties may evaluate the topography and local zoning guidelines to determine the best application for this sizable holding.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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