Property profile

0 Eastside Drive Ext Newton, MS 39345

OFF-MARKET
Land
11.7 ac lot
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Property summary

AI-generated overview

This exceptional 11.7-acre commercial land parcel presents a unique investment opportunity in Newton, Mississippi. Strategically located in Newton County, the property boasts convenient road frontage on both Highway 15 and Salem Church Road, ensuring excellent visibility and accessibility. The land is naturally beautiful, featuring mature pine and hardwood timber, complemented by a scenic seasonal creek. This combination of natural beauty and prime location creates multiple development possibilities, catering to a range of commercial and residential projects. Several ideal homesites are readily identifiable within the acreage. The property's proximity to existing residential areas indicates readily available utilities, simplifying development plans. Furthermore, its advantageous position near Interstate 20, situated between the major cities of Meridian and Jackson, Mississippi, offers unparalleled connectivity and access to a large regional market. The asking price for this remarkable property is $50,000, making it an attractive proposition for discerning investors seeking a versatile and well-located land asset in a growing area. The zip code is 39345.

Property profile

Verified
Property type Land
Lot 11.7 ac (509,652 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Eastside Drive Ext Newton, MS 39345
Newton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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