0 Sellers Tract Mendenhall, MS 39114
This exceptional 45.5-acre property in Simpson County, Mississippi, presents a unique investment opportunity. Located conveniently off Athens Road, approximately four miles northwest of Magee, this land boasts diverse uses. The tract features a significant hardwood timber stand, complemented by roughly nine acres of nearly mature pine plantation. This offers immediate income potential from timber harvesting, while the long-term value of the land is further enhanced by its commercial and recreational attributes. A key feature is approximately a quarter-mile of frontage along a railroad line, opening possibilities for various commercial ventures. Adding to its appeal, a small creek traverses the property, providing a consistent water source, beneficial for wildlife and potentially supporting various recreational activities. The asking price is $75,075, translating to an attractive price per acre of $1,650. The property's Assessed Parcel Number (APN) is 28127Hb020. This versatile land parcel in Mendenhall, Mississippi (zip code 39114) offers a compelling blend of timber, commercial, and recreational potential, making it an ideal investment for discerning buyers. The property's location and diverse features make it a highly attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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