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Property profile & analytics
OFF-MARKET
Land

34 Freeman Town Rd Richton, MS 39476

172 ac lot
Property ID
Property summary
AI-generated overview

This unique 172-acre (more or less) property in Perry County, Mississippi, presents a rare investment opportunity. Lovingly maintained for four decades, this pristine timberland boasts exceptional features, including two historic cabins and a large, 60' x 80' barn, dating back approximately 200 years. Located just fifteen minutes from Petal, MS, and easily accessible via paved county roads, this property offers a blend of investment potential, recreational enjoyment, and tranquil retreat. The main cabin, renovated in the 1990s, features a modern design with two bedrooms, two bathrooms, and a loft, all complemented by beautiful poplar floors, a wrap-around porch, and an iron spiral staircase. A second historic cabin, situated uphill, offers two bedrooms and one bathroom, with front and back porches, presenting an opportunity for restoration. The property also includes a spring-fed lake, providing stunning views across the gently rolling, wooded terrain. The asking price is $985,000. This is a truly one-of-a-kind property with significant historical charm and considerable investment potential. The property's 7,492,320 square feet offer ample space for various uses.

Property profile
Verified
Property type Land
Lot 172 ac (7,492,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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