51.3+/- acres of farmland is waiting to be transformed in Leflore County, MS. This multi-use lot offers exciting possibilities just outside of Itta Bena. Of the total 51.3+/- acres, a 30+/- acre tract is an income producing row crop farm. Continuing to rent the farmland can bring rental income of $3,000 annually. The soil type consists of alligator clay, and a variety of crops can be planted, including soybeans, wheat, or cotton. The remaining balance of 21.3+/- acres is in marketable hardwood timber. The location of this property makes it favorable for other commercial opportunities. Situated on the heavily traveled Highway 82, the Mississippi Department of Transportation has logged the daily vehicle count at 7,500. The proximity to Mississippi Valley State University ensures constant traffic flow. This would be a great spot for a business on the highway, a solar farm, or an opportunity for a subdivision with house lots. Take advantage of the opportunity for a great investment tract!
| Date | Price |
|---|---|
| -- | New Value: $375,000 |
| 7/10/2024 4:58:00 PM | New Value: $375,000 |