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: 5/15/2024

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 933 2,077
Median Age: 37.88 38.53
Households: 358 769

Contact

Photograph of Listing Agent

Clint Flowers, ALC

National Land Realty Gulf Coast CMLS Member
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