0 Cherry St McLain, MS 39456
This exceptional 48.97-acre property presents a unique investment opportunity in McLain, Mississippi. Situated conveniently within city limits, this land boasts a desirable blend of commercial and timber potential. The terrain is notably level, making it ideally suited for various development projects, including residential subdivisions or mobile home parks. A significant portion of the property, approximately 24 acres, is comprised of a 19-year-old pine plantation, offering a picturesque backdrop for residential development. This mature pine stand provides a natural, attractive setting for homes, potentially enhancing property values. The remaining acreage features hardwood timber along a small creek that traverses the property, adding to its natural beauty and ecological diversity. The property's Assessed Parcel Number (APN) is 28041Sr1000. The asking price is $83,010, translating to a land value of $1,695 per acre. Located on Cherry Street, McLain, MS 39456, this property offers easy access to local amenities and infrastructure. This is a rare opportunity to acquire a sizable, versatile tract of land in a growing Mississippi community.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.