0 Tallahala Rd Petal, MS 39465
Exceptional 347.18-acre hunting and recreational tract situated in Perry and Forrest Counties, Mississippi, between Hattiesburg and Runnelstown. This property boasts extensive Tallahala Creek frontage and has been meticulously managed for timber production for over 50 years by the same family. The land features a diverse range of mature timber stands, ensuring a consistent income stream from timber sales for years to come. The high-quality soil supports rapid timber growth, maximizing investment returns. Currently, there are established recreational hunting leases in place, adding another revenue source. This versatile property presents an excellent opportunity for both investment and recreation. Its size allows for potential subdivision into smaller tracts, catering to the increasing demand for smaller acreage properties with creek frontage and cabin sites. The property's long history of sustainable timber management ensures its continued productivity and value. The asking price is $4,105,000, translating to $3,500 per acre. This represents a unique chance to acquire a significant and profitable landholding in a desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.