Income Producing Land - Kiln Stream and Wetland Mitigation Bank
Vacant Land
for Sale
| Catylist Listing ID: |
30872130 |
| Property Subtypes: |
Agricultural, Multi-Family, Residential (Single Family), Other
|
| Gross Land Area: |
1,980 Acres
|
| Sale Price: |
$4,200,000 |
| Unit Price: |
$2,121 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/15/2024 |
Overview / Comments
|
If you’re looking for income producing land that you can still hunt and recreate on, this tract has a lot of potential. Centrally located between Bay St Louis, Pearl River, Picayune, I-10, and I-59, this mitigation bank offers income streams through the sale of pine savanna wetland mitigation credits, hardwood bottomland wetland mitigation credits, and stream mitigation credits. Historically, credits have sold for as much as $15,500 each. A full dataset on remaining credits, type maps, and more is available upon request. On top of its strong income potential, enjoy easy access with frontage on Texas Flat Road and hunting opportunities for deer, turkey, dove, and other wild game, made easier by the property’s strategically placed food plots and improved road and trail system. Opportunities like this rarely come to market, especially with such a diverse mix and quantity of mitigation credits.
|
Additional Details
| Nearest MSA: |
Gulfport-Biloxi |
| County: |
Hancock |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
933 |
2,077 |
| Median Age: |
37.88 |
38.53 |
| Households: |
358 |
769 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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