Tallahala Rd Petal, MS 39465
- Land
- 347.18 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tallahala Rd
- Lot size
- 347.18 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petal
- County
- Perry
- State
- Mississippi
- Longitude
- -89.129
- Latitude
- 31.3862