22.4 Acres with a Partially Finished Home in Oktibbeha County in St

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22.4 Acres with a Partially Finished Home in Oktibbeha County in St

Starkville, MS 39759
Asking Price
$287K
Asset Type
Land
Class
Class B

What's Special

Situated in Oktibbeha County just outside the Starkville city limits, this 22.4-acre property offers a combination of rural privacy and proximity to urban amenities. The land is located within a short drive of Mississippi State University and the city’s primary retail and dining corridors. Access to the site is provided by local roadway networks connecting to Highway 82 and Highway 12, facilitating regional transportation throughout the Golden Triangle area. The surrounding neighborhood is characterized by a mix of low-density residential estates, timberland, and agricultural tracts. The property’s expansive acreage and partially finished structure make it suitable for a variety of use cases, including a private residential estate, recreational retreat, or small-scale equestrian facility. Given the growth patterns of Oktibbeha County, the asset may also appeal to long-term land investors or developers looking for suburban expansion opportunities. The ideal occupant is likely a buyer seeking significant acreage with existing utility infrastructure in place to complete the onsite residence. The flat to gently rolling topography provides multiple build sites for additional outbuildings or agricultural improvements.

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NOI
$80,000
Cap Rate
27.90%
DSCR
4.70
Strong
Cash-on-Cash
73.19%
Monthly Payment
$1,418.866
Annual Cash Flow
$62,973.613

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