Property profile

68 Acres In Covington County Mount Olive, MS 39119

OFF-MARKET
Land
68 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Land
Lot 68 ac (2,962,080 SF)

Cap rate & NOI

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

Location

68 Acres In Covington County Mount Olive, MS 39119
Mount Olive 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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