For Sale
$878,000

1168 Mitchell Rd Meigs, GA 31765

112 Acres, Income Producing

Overview

Added:
Dec 11, 2024
Days on market:
136
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.

Highlights

  • $878,000 asking price for 112.62 acres of commercial/farm land.
  • 1,712 sq ft, 3 bed/1 bath farmhouse, renovated in 2018, currently rented for $1,150/month.
  • Property includes 45 acres of cropland (29 acres peanut base), 47 acres of pine trees (loblolly and longleaf), 2 acres of pecan trees, and a 1.5-acre pond.
  • Located at 1168 Mitchell Rd, Meigs, GA 31765, approximately 24 miles north of Thomasville, GA.
  • Property features excellent hunting (deer, turkey, dove), and is currently generating approximately $20,000 annual gross income, with potential for additional income from pine straw sales.
  • Property is in an agricultural covenant.

Property Details for 1168 Mitchell Rd

Property type
Land, Farms
Lot Size (sq. ft)
4,905,727 SF

Location Insight

City
Meigs
County
Mitchell
State
Georgia
Latitude
31.1021164
Longitude
-84.0378894

FAQs

What type of property is this?
Land - 112 Acres, Income Producing
Where is the land located?
The property is located at 1168 Mitchell Rd Meigs, GA.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: $878,000 asking price for 112.62 acres of commercial/farm land.; 1,712 sq ft, 3 bed/1 bath farmhouse, renovated in 2018, currently rented for $1,150/month.; Property includes 45 acres of cropland (29 acres peanut base), 47 acres of pine trees (loblolly and longleaf), 2 acres of pecan trees, and a 1.5-acre pond.
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1168 Mitchell Rd
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