1168 Mitchell Rd Meigs, GA 31765
- Commercial real estate
- 112.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1168 Mitchell Rd
- Lot size
- 112.62 lot acres
- Property type
- Commercial real estate
Description
This exceptional 112.62-acre property in Mitchell County, Georgia, presents a unique investment opportunity combining commercial and agricultural uses. The land boasts a diverse composition, including 45 acres of Tifton soil crop land (29 acres with peanut base), 25 acres of ten-year-old super genetic MCP loblolly pines, 20 acres of ten-year-old super genetic longleaf pines, 2 acres of pecan trees, and a 1.5-acre pond. The property also features a charming 1,712 square foot, three-bedroom, one-bathroom farmhouse, renovated in 2018, currently rented for $1,150 per month, generating approximately $20,000 in annual gross income. Potential for additional income exists through the sale of longleaf pine straw, estimated at $5,000 annually. The farmhouse, dating back to the early 1900s, features twelve-foot ceilings, heart pine floors, walls, and ceilings, and a spacious porch. Two small storage buildings are also located on the site. The property is situated on a quiet country road, behind a split-rail fence, approximately 24 miles north of Thomasville, GA. Hunting opportunities abound, with deer, turkey, and dove populations thriving. The land is currently under an agricultural covenant, resulting in reduced property taxes, which the buyer will assume. The property's diverse land use and existing income stream make it an attractive investment.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Meigs
- County
- Mitchell
- State
- Georgia
- Longitude
- -84.0378894
- Latitude
- 31.1021164
