00 Highway 18

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00 Highway 18

Raymond, MS 39154
Asking Price
$139K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 16.4-acre property is listed for sale at $139,400.
  • The land is situated directly along Highway 18 in Raymond.
  • The site offers substantial acreage for varied industrial or commercial development.
  • This location serves as a versatile parcel within Hinds County.
  • The property coordinates are located at 32.2420, -90.4314.

What's Special

Priced at $139,400, this 16.4-acre land parcel occupies a strategic position along Highway 18 in Raymond, Mississippi. The site provides significant acreage for buyers looking to secure a foothold in a developing regional corridor. Its location offers accessible transit routes for industrial, agricultural, or commercial development projects seeking proximity to the broader Jackson metropolitan area. Investors and developers often prioritize this specific submarket for its steady growth and land availability. The expansive footprint allows for versatile site planning, whether for private holdings, large-scale storage, or future expansion needs. Prospective owners can utilize the current topography to accommodate diverse land-use requirements in this quiet yet accessible section of Hinds County. The parcel represents a straightforward acquisition for those looking to expand their real estate portfolio within the Mississippi landscape.

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NOI
$80,000
Cap Rate
57.39%
DSCR
9.67
Strong
Cash-on-Cash
171.51%
Monthly Payment
$689.675
Annual Cash Flow
$71,723.898

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