Tract Tallahala Crk Hattiesburg, MS 39401
This exceptional 1,173-acre tract in Forrest and Perry Counties, Mississippi, presents a unique investment opportunity. Located between Hattiesburg and Runnels, the property boasts extensive frontage on Tallahala Creek. Under single family ownership for over 50 years, this land has been meticulously managed for timber production, resulting in a diverse range of mature and younger timber stands—no acres are unplanted. The high-quality soil ensures consistent, rapid timber growth, providing a reliable income stream for years to come. The property's diverse age of timber stands offer immediate income potential and long-term growth. Priced at $4,105,000 ($3,500/acre), this land is ideal for both large-scale investment and recreational pursuits. Its size allows for division into smaller tracts, catering to the current high demand for smaller acreage with creek frontage and potential cabin sites. The property's location, coupled with its proven timber productivity and recreational appeal, makes it a highly desirable asset. This is a rare opportunity to acquire a significant, well-managed timberland and recreational property in a desirable Mississippi 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.