Road 224 and 111

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Road 224 and 111

Union, MS 39365
Asking Price
$140K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Large 41-acre parcel located in Union, Mississippi.
  • Property situated at the intersection of Road 224 and 111.
  • Asking price for the land is set at $139,900.
  • Versatile site suitable for agricultural or recreational land use.
  • Geographic coordinates are 32.6235 latitude and -89.1381 longitude.

What's Special

This 41-acre parcel at the intersection of Road 224 and 111 presents a versatile opportunity for agricultural use, recreational development, or rural residential construction. Positioned in Union, Mississippi, the property benefits from the quiet landscape of the region while maintaining access to local transit routes. The expansive acreage provides significant flexibility for investors or landholders looking to establish a private estate or productive farmstead in a growing rural submarket. The surrounding area maintains the characteristic charm of central Mississippi, marked by established rural commerce and steady land-based activity. Buyers interested in land acquisition will find this site suitable for long-term development or immediate recreational utility. Its strategic positioning within the 39365 zip code makes it a practical selection for those seeking sizable tracts within this specific Mississippi corridor.

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NOI
$80,000
Cap Rate
57.18%
DSCR
9.63
Strong
Cash-on-Cash
170.82%
Monthly Payment
$692.149
Annual Cash Flow
$71,694.214

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