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    United Real Estate Mid-South

    187 Stateline Rd E, #1, Southaven, MS 38671
    (662) 470-6058
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    Size: 10+ agents

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    • Land
    • Commercial Lease
    • Commercial Sale

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    For Sale (35)

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    Residential Land in Sarah, MS
    $59,900
    4.50 Acres

    Residential Land in Sarah, MS

    4.5 acres of land ready for a dream home.

    Longtown Rd, Sarah, MS 38665
    View details
    Residential Lot in Orchard, Hernando
    $165,000
    0.57 Acres

    Residential Lot in Orchard, Hernando

    Rectangular lot in Orchard with mature trees and utilities.

    814 Red Cedar Loop, Hernando, MS 38632
    View details
    Rectangular Lot in Orchard, Hernando
    $165,000
    0.57 Acres

    Rectangular Lot in Orchard, Hernando

    Residential lot with utilities, architectural requirements, and green space.

    792 Red Cedar Loop, Hernando, MS 38632
    View details
    Residential Land in Hernando, MS
    $165,000
    1.03 Acres

    Residential Land in Hernando, MS

    Homesite facing greenspace and lake in Orchard community.

    909 Red Cedar Loop, Hernando, MS 38632
    View details
    Commercial Lots on Old Highway
    $78,500
    1.32 Acres

    Commercial Lots on Old Highway

    Two commercial lots totaling 1.32 acres in Tunica, MS.

    Edwards Ave, Tunica, MS 38676
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    Residential Land in Senatobia, MS
    $69,000
    3.50 Acres

    Residential Land in Senatobia, MS

    3.5 acre lot ready for a dream home.

    131 Waverly Cir, Senatobia, MS 38668
    View details
    Residential Lot in Orchard, Hernando
    $165,000
    0.57 Acres

    Residential Lot in Orchard, Hernando

    Rectangular lot in Orchard with architectural requirements and utilities.

    830 Red Cedar Loop, Hernando, MS 38632
    View details
    Como, MS - 18 Acre Land
    $72,000
    18.00 Acres

    Como, MS - 18 Acre Land

    18-acre wooded land with income potential near Como, MS.

    18 Acres Smart Rd, Como, MS 38619
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    Residential Land in Hernando, MS
    $170,000
    0.75 Acres

    Residential Land in Hernando, MS

    Corner lot with utilities ready for custom home construction.

    2188 Sawyer Cir, Hernando, MS 38632
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    Residential Lot Near Private Lake
    $155,000
    0.77 Acres

    Residential Lot Near Private Lake

    Secluded 0.77-acre lot near lake and green space.

    750 Red Cedar Loop, Hernando, MS 38632
    View details
    Residential Land in Hernando, MS
    $149,000
    0.78 Acres

    Residential Land in Hernando, MS

    0.78 acre lot backing to wooded grove.

    2174 Sawyer Cir, Hernando, MS 38632
    View details
    Land Near Interstate and Park
    Contact for pricing
    2.28 Acres

    Land Near Interstate and Park

    2.3 acres with interstate border and park proximity.

    5295 Blocker St, Olive Branch, MS 38654
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    Hernando Commercial Business Opportunity
    $400,000
    1,800 SF

    Hernando Commercial Business Opportunity

    Commercial property in the heart of Hernando, zoned C2.

    310 E St S, Hernando, MS 38632
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    Commercial Land in Senatobia, MS
    $235,000
    2.20 Acres

    Commercial Land in Senatobia, MS

    2.19 acre commercial corner lot near I-55.

    2776 Highway 51, Senatobia, MS 38668
    View details
    Established Car Wash Business Opportunity
    $550,000
    3,663 SF

    Established Car Wash Business Opportunity

    Turnkey car wash business for sale in prime location.

    2934 Highway 51 S, Hernando, MS 38632
    View details
    Turnkey Car Wash Business Opportunity
    $250,000
    1,840 SF

    Turnkey Car Wash Business Opportunity

    Established car wash business in Lake Cormorant, MS for sale.

    1999 Highway 301 S, Lake Cormorant, MS 38641
    View details
    Southaven Commercial Property For Sale
    $160,000
    1,100 SF

    Southaven Commercial Property For Sale

    Commercial property with potential for various uses in Southaven, MS.

    55 E Stateline Rd, Southaven, MS 38671
    View details
    Residential Land in Hernando, MS
    $165,000
    0.78 Acres

    Residential Land in Hernando, MS

    Corner lot with utilities and architectural requirements in Hernando, MS.

    2133 Sawyer Cir, Hernando, MS 38632
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    Residential Corner Lot in Hernando
    $165,000
    0.66 Acres

    Residential Corner Lot in Hernando

    Large corner lot with design opportunity in Orchard community.

    837 Red Cedar Loop, Hernando, MS 38632
    View details
    Lakefront Lot in Woodland Lake
    Contact for pricing
    0.82 Acres

    Lakefront Lot in Woodland Lake

    0.82 acre lakefront lot with 90 feet of frontage.

    Dogwood Cv, Hernando, MS 38632
    View details
    Lamar, MS 12.4 Acre Lot
    $149,000
    12.40 Acres

    Lamar, MS 12.4 Acre Lot

    12.4 acre lot with creek and pond.

    Summer Oak Dr, Lamar, MS 38642
    View details
    Residential Land in Sarah, MS
    $49,900
    5.20 Acres

    Residential Land in Sarah, MS

    5.19 acre lot ready for your dream home.

    Mcmaster Rd, Sarah, MS 38665
    View details
    12 Acres of Scenic Land
    $107,900
    12.00 Acres

    12 Acres of Scenic Land

    A 12-acre retreat with rolling hills and serene scenery.

    12 Acres Wall Hl Farms Rd, Byhalia, MS 38611
    View details
    Red Banks Land with Pastures
    $400,000
    42.00 Acres

    Red Banks Land with Pastures

    42 acres of rolling pastures, mature trees, and serene ponds.

    Skating Rink Rd, Red Banks, MS 38661
    View details
    Olive Branch Land For Sale
    $540,000
    32.57 Acres

    Olive Branch Land For Sale

    32.57 acres in Lewisbury School District, Olive Branch, MS.

    10779 S Bethel Rd, Olive Branch, MS 38654
    View details
    35 Acres on Old Hwy
    $1,400,000
    35.00 Acres

    35 Acres on Old Hwy

    35 acres with unlimited potential in Hernando, Mississippi.

    S Old Highway 51, Hernando, MS 38632
    View details
    Residential Lots in Robinsonville, MS
    $299,000
    6.50 Acres

    Residential Lots in Robinsonville, MS

    50 residential lots for development in an established neighborhood.

    Vista Park Cir, Robinsonville, MS 38664
    View details
    Hernando, MS Land Opportunity
    $299,000
    10.50 Acres

    Hernando, MS Land Opportunity

    10.5 acres of land with mature trees and homesites.

    10-1/2 Acres Smith, Hernando, MS 38632
    View details
    Cleared Land in Coldwater, MS
    $195,000
    19.50 Acres

    Cleared Land in Coldwater, MS

    19.5 acres of cleared, flat land ready for development.

    Barr Rd, Coldwater, MS 38618
    View details
    Southaven, MS Commercial Development Opportunity
    $675,180
    3.10 Acres

    Southaven, MS Commercial Development Opportunity

    3.10 acres of commercial land in a growing Southaven area.

    Airways Blvd, Southaven, MS 38671
    View details
    Residential Land in Sarah, MS
    $59,900
    4.50 Acres

    Residential Land in Sarah, MS

    4.5 acres with road frontage, ready for dream home.

    Brownsferry Rd, Sarah, MS 38665
    View details
    Waterfront Lot in Orchard Community
    $185,000
    0.49 Acres

    Waterfront Lot in Orchard Community

    Waterfront lot in a great location and community.

    769 Red Cedar Loop, Hernando, MS 38632
    View details
    Waterfront Lot in Orchard Community
    $185,000
    0.46 Acres

    Waterfront Lot in Orchard Community

    Waterfront lot in a great location with architectural requirements.

    757 Red Cedar Loop, Hernando, MS 38632
    View details
    Residential Land in Hernando, MS
    $165,000
    0.57 Acres

    Residential Land in Hernando, MS

    Large homesite near green space with utilities available.

    879 Red Cedar Loop, Hernando, MS 38632
    View details
    Land Near Sardis Lake
    Contact for pricing
    2.50 Acres

    Land Near Sardis Lake

    2.5-acre lot near Sardis Lake for recreation or home.

    Deer Alley Dr, Batesville, MS 38606
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    United Real Estate Mid-South
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