Will Garrett Road

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Will Garrett Road

Toomsuba, MS 39364
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land comprises 178 acres of developable property.
  • Located on Will Garrett Road in Toomsuba, Mississippi.
  • Strategically situated within the broader Lauderdale County market.
  • Coordinates for the parcel are 32.4103 and -88.5070.
  • The site offers substantial acreage for various commercial applications.

What's Special

This 178-acre parcel of land is positioned along Will Garrett Road in Toomsuba, Mississippi. The property occupies a strategic location within Lauderdale County, an area characterized by its integration into the regional transportation network and proximity to the city of Meridian. The surrounding landscape features expansive acreage suited for large-scale agricultural operations, potential industrial development, or long-term land banking strategies. Given its size and positioning, the acreage provides significant utility for investors looking to capitalize on land development in a growing rural corridor of East Mississippi. The regional economic climate benefits from consistent logistical connectivity via major interstate corridors that facilitate commerce throughout the state. Prospective buyers may consider various agricultural applications, rural residential planning, or other commercial land uses consistent with local development patterns. The parcel presents a substantial footprint for entities requiring extensive outdoor space for operations or future expansion plans within this established 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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