Property summary
This exceptional 68-acre tract in Covington County, Mississippi, presents a unique investment opportunity. Boasting approximately 750 feet of frontage on Highway 49, this versatile property offers a blend of commercial and residential possibilities. The land comprises roughly 54 acres of 20-25-year-old pine and approximately 13 acres of mature hardwoods, both suitable for harvesting. The property has been expertly managed, with prescribed burns conducted regularly to maintain its health. Beyond timber, this location is ideal for development, establishing a home with ample hunting space, or as a recreational getaway. Its proximity to Burden's Creek ATV park and Okatoma Creek adds to its appeal. Observations indicate a thriving deer and turkey population, enhanced by the presence of large oak trees (providing food) and pine trees (offering bedding areas). Situated approximately 45 minutes from Hattiesburg and an hour from Jackson, this property offers the tranquility of rural living while remaining conveniently close to urban amenities. The asking price is $571,200. The property's address is in Mount Olive, MS, zip code 39119.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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