Red Banks Road, Byhalia, MS 38611

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Sold Price
$?
List Price
$5,840,000
MLS#
4128221
Property Type
Land
Lot Size
50,878,080
Status
CLOSED

Property Description

Fairview Farms is an 1168 acre tract located in the heart of Desoto County. A fast growing area with great development opportunity with residential and commercial development potential. Frontage on Red Banks Road and along Hwy. 78 (I-22) at the exit ramp for Ingrams Mill. The corner of Red Banks Road and Hwy. 78 (I-22) would make a great commercial site for a truck stop and convenience store while the rolling hills off of the Red Banks Road frontage will make beautiful homesites with amazing views. Approx. 545 acres of the property is in agricultural production and receives an annual income of $54,500/year. The land is conveniently located to Hwy. 78 (I-22) and I-69. Only minutes to shopping, restaurants, hospitals and within 30 minutes of Memphis International Airport. Electricity and public water are available along Red Banks Road. The property is full of deer, turkey and other small game. This is an opportunity to buy an income producing tract of land with lots of hunting and recreational opportunity and tons of development possibilities now or in the future. The property is in a PUD and a copy of this PUD is available.

Additional Information

Acres
1168
Lot Description
Many Trees, Rolling Slope, See Remarks, Low
Lot Size
50,878,080
Subdivision
Metes And Bounds
Subtype
Acreage (more than 10 acres)

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Calculator source: Real Geeks

Listing courtesy of Burch Realty Group. Selling Office: .