Property profile

0 35.5 Acres In Neshoba Union, MS 39365

OFF-MARKET
Land
35.5 ac lot
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Property summary

AI-generated overview

This exceptional 35.5-acre property in Neshoba County, Mississippi, presents a unique investment opportunity. Conveniently located between Meridian and Philadelphia, it boasts diverse uses, including commercial, farm, timber, and recreational pursuits. The property includes a substantial 2,500 square-foot main home featuring three bedrooms, three bathrooms, an updated kitchen, and a spacious family room. Oversized rooms, ample storage, and a 40x60 basement—doubling as a tornado shelter—add significant value. The home is energy-efficient, built with concrete and rebar, and includes a wood-burning heater with forced-air vents, a new 80-gallon water heater, and ceiling fans. A two-car garage completes the main residence. Also on the property is an 800-square-foot cabin with one bedroom and one bathroom, a full kitchen, and requiring only minor updates. Both the main house and cabin have 1500-gallon and 500-gallon propane tanks respectively, well water, and individual septic systems. New solar panels are included for both structures, and the main house is wired for a 10,000-watt generator. Additional structures include a storage building and a 20x40 equipment storage shed and workshop. The land itself comprises approximately 15 acres of gently rolling fields with scattered trees, 18-20-year-old pine, and mature timber. Abundant deer and turkey populations make this an ideal hunting location. The property is situated in Newton County, Mississippi, with a Union, MS mailing address and zip code 39365. The asking price is $397,000.

Property profile

Verified
Property type Land
Lot 35.5 ac (1,546,380 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

35.5 Acres In Neshoba Union, MS 39365
Union metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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