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OFF-MARKET
Land

0 60.4 Acres In Rankin Pelahatchie, MS 39145

60.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 60.4-acre commercial and timber property in Pelahatchie, Mississippi, presents a compelling investment opportunity. Located in the desirable Pisgah School District, this tract offers significant potential for various uses. The property boasts convenient access to water and electric utilities already available at the street, minimizing infrastructure development costs. A significant advantage is the substantial paved road frontage, ensuring excellent visibility and accessibility for any future development. The land itself comprises a well-established mix of planted pine stands, specifically approximately 45 acres of 2-year-old pines and 14.5 acres of 3-year-old pines, providing immediate return potential for timber harvesting. The asking price for this prime Rankin County land is $667,550. Its location in the 39145 zip code offers a strategic advantage for both commercial and residential development, given its proximity to established infrastructure and the highly-rated school district. This property is ideal for investors seeking a blend of immediate income potential from the existing timber and long-term growth through future development. The combination of readily available utilities, significant road frontage, and the established pine stands makes this a truly unique opportunity in the competitive Mississippi real estate market. Detailed surveys and timber appraisals are available upon request.

Property profile
Verified
Property type Land
Lot 60.4 ac (2,631,024 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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