1873 El Johnson Rd Little Rock, MS 39337
This exceptional 34.3-acre commercial land parcel presents a unique investment opportunity in Little Rock, Mississippi. Located at 1873 E L Johnson Road, Newton County, zip code 39337 (32.4713326, -88.9392997), this property boasts a picturesque setting with a stocked 5-acre lake and an adjacent smaller pond. The land is primarily wooded, offering a tranquil environment while maintaining excellent accessibility via existing roads and established trails throughout the property. The seller is open to subdividing the land into custom home sites, making it ideal for residential development or a mixed-use project. This presents a flexible option for developers seeking to create a unique community or capitalize on the natural beauty of the location. The property is listed at $140,000 and is conveniently located in Little Rock, MS. The possibility of purchasing an additional 5 acres and a 4000 square foot home (MLS#4067751) is also available, though sold separately. This expansive acreage offers significant potential for various commercial ventures, benefiting from its attractive natural features and convenient location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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